UPDATE: RBC Capital Assumes j2 Global Communications (JCOM) at Outperform

June 10, 2021 4:13 PM EDT
Get Alerts JCOM Hot Sheet
Price: $132.40 -0.89%

Rating Summary:
    9 Buy, 3 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 15 | Down: 13 | New: 24
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(Updated - June 10, 2021 4:22 PM EDT)

RBC Capital analyst Rishi Jaluria assumes coverage on j2 Global Communications (NASDAQ: JCOM) with a Outperform rating and a price target of $155.00.

The analyst comments "Underappreciated assets offer upside potential. We see a few assets in particular that we don’t believe are fully appreciated by investors. The first is gaming, particularly Humble Bundle, which continues to expand from a subscription platform into a gaming publishing business. The second is Ookla, which is best known for Speedtest to measure internet connections, but which we believe has additional applications, including IoT. The third is VPN, which we believe could become more important for users in a hybrid work environment."

For an analyst ratings summary and ratings history on j2 Global Communications click here. For more ratings news on j2 Global Communications click here.

Shares of j2 Global Communications closed at $127.59 yesterday.

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