Vetr lowered shares of Groupon Inc (NASDAQ:GRPN) from a strong-buy rating to a buy rating in a research report sent to investors on Monday, Marketbeat.com reports. Vetr currently has $2.70 target price on the coupon company’s stock.

GRPN has been the topic of a number of other research reports. Citigroup Inc. raised Groupon from a neutral rating to a buy rating and reduced their price objective for the stock from $24.00 to $22.00 in a research note on Thursday, November 26th. Sterne Agee CRT raised Groupon from a neutral rating to a buy rating and set a $20.00 price objective on the stock in a research note on Thursday, November 26th. Macquarie reissued a buy rating and issued a $3.50 price objective on shares of Groupon in a research note on Saturday, December 12th. Bank of America lowered Groupon from a neutral rating to an underperform rating and reduced their price objective for the stock from $5.00 to $2.75 in a research note on Wednesday, November 4th. Finally, Brean Capital reissued a buy rating and issued a $8.00 price objective on shares of Groupon in a research note on Tuesday, October 27th. Three research analysts have rated the stock with a sell rating, ten have issued a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. Groupon presently has an average rating of Hold and an average target price of $7.41.

A hedge fund recently raised its stake in Groupon stock. J. Goldman & Company increased its stake in shares of Groupon Inc (NASDAQ:GRPN) by 102.4% during the third quarter, according to its most recent disclosure with the SEC. The hedge fund owned 8,480 shares of the coupon company’s stock after buying an additional 4,291 shares during the period. J. Goldman & Company’s holdings in Groupon were worth $28,000 at the end of the most recent reporting period.

Shares of Groupon (NASDAQ:GRPN) traded up 5.20% during midday trading on Monday, reaching $2.83. The company’s stock had a trading volume of 3,765,279 shares. The stock has a 50 day moving average price of $2.91 and a 200-day moving average price of $3.64. The company has a market capitalization of $1.74 billion and a price-to-earnings ratio of 24.82. Groupon has a 52-week low of $2.23 and a 52-week high of $8.37.

Groupon (NASDAQ:GRPN) last posted its quarterly earnings data on Tuesday, November 3rd. The coupon company reported $0.05 EPS for the quarter, topping analysts’ consensus estimates of $0.02 by $0.03. During the same period in the prior year, the firm posted $0.03 EPS. The business earned $713.60 million during the quarter, compared to analyst estimates of $732.56 million. Groupon’s revenue for the quarter was down .1% compared to the same quarter last year. Equities research analysts expect that Groupon will post $0.09 EPS for the current year.

Groupon, Inc. operates online local commerce marketplaces world over that connect merchants to consumers by offering goods and services at a discount. The Company operates through three segments: North America, which represents the United States and Canada; EMEA, which consists of Europe, the Middle East and Africa, and international operations (NASDAQ:GRPN). The Company offers deals on goods and services in three categories: Local Deals (Local), Groupon Goods (Goods) and Groupon Getaways (Travel). The Company’s Local category includes deals with local merchants, national merchants and local events. The Company’s Goods transactions in North America are primarily direct revenue deals. Through its Getaways category, the Company features travel offers at both discounted and market rates, including hotels, airfare and package deals covering both domestic and international travel. Its deal offerings are accessed directly through its Websites, mobile applications and search engines.

12 Month Chart for NASDAQ:GRPN

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