Vivid Seats Inc (NASDAQ:SEAT) Receives Average Rating of “Buy” from Brokerages

Vivid Seats Inc (NASDAQ:SEAT) has been given a consensus rating of “Buy” by the six brokerages that are presently covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $16.25.

Several equities research analysts have issued reports on the stock. Citigroup assumed coverage on shares of Vivid Seats in a research note on Friday, November 12th. They set a “neutral” rating for the company. Evercore ISI initiated coverage on shares of Vivid Seats in a research note on Monday, November 1st. They set an “in-line” rating and a $16.00 price objective for the company. They noted that the move was a valuation call. Loop Capital initiated coverage on shares of Vivid Seats in a research note on Tuesday, November 16th. They issued a “buy” rating and a $15.00 target price for the company. Canaccord Genuity initiated coverage on shares of Vivid Seats in a research note on Thursday, October 28th. They issued a “buy” rating and a $17.00 target price for the company. They noted that the move was a valuation call. Finally, William Blair initiated coverage on shares of Vivid Seats in a research note on Tuesday, November 16th. They issued an “outperform” rating for the company.

SEAT traded down $0.20 during trading on Thursday, hitting $11.55. 305,239 shares of the company’s stock were exchanged, compared to its average volume of 481,705. Vivid Seats has a 1 year low of $11.11 and a 1 year high of $14.35.

Vivid Seats Company Profile

Horizon Acquisition Corporation is a blank check company incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. While the company may pursue an initial business combination target in any industry, it currently intends to concentrate its efforts in identifying businesses in the financial services industry, with a focus on differentiated financial services and financial services-adjacent platforms.

See Also: What kind of dividend yield to CEF’s pay?

Analyst Recommendations for Vivid Seats (NASDAQ:SEAT)

Receive News & Ratings for Vivid Seats Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vivid Seats and related companies with MarketBeat.com's FREE daily email newsletter.