STUB (NYSE:STUB) Downgraded by Wall Street Zen to “Sell”

Wall Street Zen lowered shares of STUB (NYSE:STUB) from a hold rating to a sell rating in a research note released on Saturday morning.

STUB has been the topic of a number of other reports. Citigroup upgraded STUB from a “sell” rating to a “neutral” rating in a report on Wednesday. Weiss Ratings initiated coverage on shares of STUB in a research report on Wednesday, January 14th. They set a “sell (d-)” rating on the stock. Finally, Craig Hallum began coverage on shares of STUB in a report on Thursday, January 29th. They issued a “hold” rating and a $12.00 price target for the company. Two analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Reduce” and a consensus target price of $12.50.

STUB Stock Up 9.4%

STUB stock opened at $9.32 on Friday. STUB has a one year low of $8.30 and a one year high of $27.89. The company has a market capitalization of $3.43 billion and a P/E ratio of -15.53. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.98.

Hedge Funds Weigh In On STUB

A number of large investors have recently modified their holdings of the company. Garner Asset Management Corp bought a new position in STUB in the fourth quarter valued at about $92,000. The Manufacturers Life Insurance Company purchased a new stake in shares of STUB during the 4th quarter valued at about $143,000. International Assets Investment Management LLC bought a new position in shares of STUB in the 4th quarter worth approximately $149,000. Cerity Partners LLC bought a new position in shares of STUB in the 4th quarter worth approximately $150,000. Finally, Engineers Gate Manager LP purchased a new position in shares of STUB in the fourth quarter worth approximately $161,000.

About STUB

Stubhub Holdings Inc, through its subsidiaries, provides an online marketplace to buy and sell tickets for sports, concerts, theater, festivals and other live events. Stubhub Holdings Inc is based in NEW YORK.