Zacks: Pinterest (PINS) Given Average Rating of “Hold” by Brokerages

Shares of Pinterest (NASDAQ:PINS) have earned a consensus broker rating score of 3.00 (Hold) from the one analysts that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a hold rating.

Analysts have set a one year consensus price target of $16.50 for the company, according to Zacks. Zacks has also given Pinterest an industry rank of 29 out of 255 based on the ratings given to its competitors.

A number of equities analysts have recently commented on the company. DA Davidson assumed coverage on Pinterest in a report on Monday, April 15th. They issued a “neutral” rating for the company. Atlantic Securities assumed coverage on Pinterest in a report on Tuesday, April 9th. They issued an “overweight” rating and a $23.00 target price for the company.

In related news, Director Fredric G. Reynolds bought 40,000 shares of the company’s stock in a transaction dated Tuesday, April 23rd. The stock was purchased at an average price of $27.04 per share, for a total transaction of $1,081,600.00. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Shares of Pinterest stock opened at $30.35 on Wednesday. Pinterest has a one year low of $23.05 and a one year high of $30.68.

About Pinterest

There is no company description available for Pinterest Inc

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