Jefferies Thinks Etsy’s Stock is Going to Recover

Jefferies analyst John Colantuoni maintained a Buy rating on Etsy (ETSYResearch Report) on May 31 and set a price target of $115.00. The company’s shares closed last Friday at $75.84, close to its 52-week low of $68.40.

According to, Colantuoni is ranked 0 out of 5 stars with an average return of -25.3% and a 21.9% success rate. Colantuoni covers the Consumer Goods sector, focusing on stocks such as ACV Auctions, Mercadolibre, and Carvana Co.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Etsy with a $132.47 average price target, representing a 65.7% upside. In a report issued on June 1, JMP Securities also initiated coverage with a Buy rating on the stock with a $125.00 price target.

See today’s best-performing stocks on TipRanks >>

Etsy’s market cap is currently $9.64B and has a P/E ratio of 25.21.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Etsy, Inc. is an online marketplace for buyers and sellers, and operates in the United States, Canada, the United Kingdom, France, Germany and Australia. It mainly focuses on handmade or vintage items and craft supplies that include unique jewelry, on-trend clothing, bags, toys, art, home decor and furniture. In addition, the company offers several services to sellers including payment processing, advertising platform and shipping services.

Read More on ETSY:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More

Latest News Feed