Analysts Set Vimeo (NASDAQ:VMEO) Price Target at $53.20

Shares of Vimeo (NASDAQ:VMEO) have been assigned an average recommendation of “Buy” from the six analysts that are presently covering the company, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month target price among analysts that have covered the stock in the last year is $53.20.

Several research firms have recently issued reports on VMEO. Truist began coverage on Vimeo in a report on Wednesday, May 26th. They issued a “buy” rating and a $54.00 target price for the company. Piper Sandler began coverage on Vimeo in a report on Thursday, June 3rd. They issued an “overweight” rating and a $52.00 target price for the company. Cowen began coverage on Vimeo in a report on Wednesday, June 2nd. They issued an “outperform” rating and a $56.00 target price for the company. Truist Securities began coverage on Vimeo in a report on Wednesday, May 26th. They issued a “buy” rating and a $54.00 target price for the company. Finally, KeyCorp began coverage on Vimeo in a report on Tuesday, May 25th. They set a “sector weight” rating for the company.

Shares of VMEO stock traded down $0.42 during trading on Thursday, hitting $44.87. The company’s stock had a trading volume of 1,118,197 shares, compared to its average volume of 2,920,086. Vimeo has a 52 week low of $38.00 and a 52 week high of $58.00.

Vimeo Company Profile

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Analyst Recommendations for Vimeo (NASDAQ:VMEO)

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