COMSCORE (SCOR) Receives New Coverage from Analysts at Needham & Company LLC

Needham & Company LLC began coverage on shares of COMSCORE (OTCMKTS:SCOR) in a report released on Thursday morning, MarketBeat.com reports. The firm issued a buy rating and a $20.00 price objective on the business services provider’s stock.

Several other analysts also recently issued reports on SCOR. Aegis initiated coverage on COMSCORE in a report on Thursday, October 11th. They issued a buy rating and a $29.00 price target for the company. Zacks Investment Research downgraded COMSCORE from a hold rating to a sell rating in a report on Wednesday, November 21st. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the stock. The stock presently has an average rating of Hold and an average price target of $27.00.

SCOR stock opened at $15.78 on Thursday. COMSCORE has a 52 week low of $14.65 and a 52 week high of $29.20.

COMSCORE (OTCMKTS:SCOR) last announced its quarterly earnings results on Thursday, November 8th. The business services provider reported ($0.42) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.30) by ($0.12). The company had revenue of $102.90 million during the quarter, compared to analysts’ expectations of $102.63 million. During the same period in the prior year, the company posted ($2.26) EPS. The company’s quarterly revenue was up 2.6% compared to the same quarter last year.

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Primecap Management Co. CA increased its holdings in COMSCORE by 1.6% in the 3rd quarter. Primecap Management Co. CA now owns 8,383,232 shares of the business services provider’s stock valued at $152,826,000 after purchasing an additional 134,300 shares in the last quarter. FMR LLC purchased a new position in COMSCORE in the 2nd quarter valued at about $94,555,000. RGM Capital LLC purchased a new position in COMSCORE in the 2nd quarter valued at about $75,236,000. Vanguard Group Inc. purchased a new position in COMSCORE in the 3rd quarter valued at about $33,132,000. Finally, State of New Jersey Common Pension Fund D boosted its position in COMSCORE by 2.7% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 1,500,000 shares of the business services provider’s stock valued at $27,345,000 after buying an additional 40,000 shares during the last quarter. Hedge funds and other institutional investors own 25.55% of the company’s stock.

COMSCORE Company Profile

comScore, Inc operates as an information and analytics company that measures audiences, consumer behavior, and advertising across media platforms worldwide. The company offers digital audience products and services, including Media Metrix and Mobile Metrix, Video Metrix, Plan Metrix, and comScore marketing solutions, which provide person-centric insights across various devices and can capture various types of content.

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