Coverage Reiterated: Benefitfocus (BNFT), Realogy Holdings (RLGY), HomeAway (AWAY), Akamai Technologies (AKAM), Transocean (RIG)

Benefitfocus, Inc. (BNFT) was reiterated a ‘Buy’ by Jefferies analysts on Wednesday. The broker also raised its price target on the stock to $36 from $33.50.

Benefitfocus, Inc., currently valued at $894.94 million, has a median Wall Street price target of $46.00 with a high target of $62.00. Approximately 4.84 million shares have already changed hands, compared to the stock’s average daily volume of 259.40K.

In the past 52 weeks, shares of Charleston, South Carolina-based firm have traded between a low of $19.58 and a high of $72.69 with the 50-day MA and 200-day MA located at $24.70 and $27.87 levels, respectively. Additionally, shares of BNFT trade at a P/E ratio of -0.76 and have a Relative Strength Index (RSI) and MACD indicator of 76.88 and +3.93, respectively.

BNFT currently prints a one year loss of about 65% and a year-to-date loss of around 30%.

Realogy Holdings Corp. (RLGY) was reiterated as ‘Overweight’ with a $50 from $44 price target on Wednesday by Barclays.

On valuation measures, Realogy Holdings Corp. shares are currently priced at 15.72x this year’s forecasted earnings compared to the industry’s 10.82x earnings multiple. Ticker has a PEG and forward P/E ratio of 2.05 and 20.53, respectively. Price/sales for the same period is 1.32 while EPS is $3.01. Currently there are 4 analysts that rate RLGY a ‘Buy’, 1 rates it a ‘Hold’. No analyst rates it a ‘Sell’. RLGY has a median Wall Street price target of $52.00 with a high target of $58.00.

In the past 52 weeks, shares of Madison, New Jersey-based real estate and relocation services company have traded between a low of $32.91 and a high of $49.32 and are now at $47.24. Shares are up 4.57% year-over-year and 7.53% year-to-date.

HomeAway, Inc. (AWAY) rating of ‘Overweight’ was reiterated today at Barclays with a price target decrease of $38 from $47 (versus a $31.38 previous close).

AWAY shares recently gained $1.49 to $32.87. In the past 52 weeks, shares of Austin, Texas-based company have traded between a low of $25.13 and a high of $47.69. Shares are down 33.21% year-over-year ; up 5.37% year-to-date.

Shares of Akamai Technologies, Inc. (AKAM) are down $0.79 to $69.33 in mid-day trading despite UBS reiterating its ‘Buy’ rating and incresaing its 12-month base case estimate on the name by 7 points to $79 a share.

AKAM is up more than 11.94% year-over-year and has gained roughly 11.40% year-to-date. In the past 52 weeks, shares of Cambridge, Massachusetts-based cloud services provider have traded between a low of $50.52 and a high of $71.83.

Akamai Technologies closed Tuesday at $70.12. The name has a total market cap of $12.33 billion.

Transocean Ltd. (RIG) was reiterated as ‘Neutral’ and the price target was lowered to $16 from $18 at UBS.

RIG shares recently gained 2c to $15.97. UBS’ new target price suggests a potential downside of about 12% from the company’s current stock price of $15.90.

In the past 52 weeks, shares of the New York-based firm have traded between a low of $14.50 and a high of $46.12. Shares are down 61.32% year-over-year and 12.98% year-to-date.

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