Analysts Rate Ancestry.com from $33 to $34 with a Buy Recommendation

The following teasor is from the July 23, 2012 edition of dailypolitical.com:

Equities research analysts at Imperial Capital lowered their price target on shares of Ancestry.com (NASDAQ: ACOM) from $35.00 to $33.00 in a research note issued to investors on Monday. The firm currently has an “outperform” rating on the stock.

Separately, analysts at Bank of America raised their price target on shares of Ancestry.com from $31.00 to $34.00 in a research note to investors on Thursday, April 26th. They now have a “buy” rating on the stock.

Shares of Ancestry.com opened at 27.35 on Monday. Ancestry.com has a one year low of $20.67 and a one year high of $43.50. The company has a market cap of $1.166 billion and a P/E ratio of 19.27.

Read the full article.

About Leland Meitzler

Leland K. Meitzler founded Heritage Quest in 1985, and has worked as Managing Editor of both Heritage Quest Magazine and The Genealogical Helper. He currently operates Family Roots Publishing Company (www.FamilyRootsPublishing.com), writes daily at GenealogyBlog.com, writes the weekly Genealogy Newsline, conducts the annual Salt Lake Christmas Tour to the Family History Library, and speaks nationally, having given over 2000 lectures since 1983.

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