Published On: Wed, Oct 19th, 2016

Analyst Coverage: LogMein, Inc. (NASDAQ:LOGM)


Recently stock market analysts have updated their consensus ratings on shares of LogMein, Inc. (NASDAQ:LOGM).

Most recent broker ratings

10/14/2016 – LogMein, Inc. had its “strong buy” rating reiterated by analysts at Needham & Company. They now have a USD 114 price target on the stock.

10/03/2016 – LogMein, Inc. was upgraded to “overweight” by analysts at Barclays. They now have a USD 105 price target on the stock.

07/27/2016 – LogMein, Inc. was upgraded to “overweight” by analysts at JP Morgan. They now have a USD 96 price target on the stock.

07/27/2016 – LogMein, Inc. was downgraded to “sector weight” by analysts at Pacific Crest.

07/05/2016 – LogMein, Inc. was downgraded to “market perform” by analysts at Cowen. They now have a USD 63 price target on the stock.

04/29/2016 – LogMein, Inc. had its “outperform” rating reiterated by analysts at RBC Capital. They now have a USD 70 price target on the stock.

04/29/2016 – LogMein, Inc. had its “buy” rating reiterated by analysts at Dougherty & Co. They now have a USD 65 price target on the stock.

11/30/2015 – LogMein, Inc. had its “overweight” rating reiterated by analysts at Piper Jaffray. They now have a USD 94 price target on the stock.

08/28/2015 – LogMein, Inc. was upgraded to “overweight” by analysts at KeyBanc.

07/24/2015 – LogMein, Inc. had its “outperform” rating reiterated by analysts at Northland Securities. They now have a USD 85 price target on the stock.

12/24/2014 – LogMein, Inc. was downgraded to “neutral” by analysts at Zacks. They now have a USD 55.4 price target on the stock.

07/25/2014 – LogMein, Inc. had its “buy” rating reiterated by analysts at Maxim Group. They now have a USD 58 price target on the stock.

07/09/2014 – Off Wall Street began new coverage on LogMein, Inc. giving the company a “sell” rating. They now have a USD 30 price target on the stock.

LogMein, Inc. has a 50 day moving average of 90.08 and a 200 day moving average of 71.00. The stock’s market capitalization is 2.25B, it has a 52-week low of 35.00 and a 52-week high of 95.99.

The share price of the company (NASDAQ:LOGM) was up +0.20%, with a high of 89.96during the day and the volume of LogMein, Inc. shares traded was 274770.

LogMeIn, Inc. provides a portfolio of cloud-based service offerings, which helps people and businesses to connect to their workplace, colleagues and customers. The Company’s core cloud-based services are categorized into four business lines: Communications and Collaboration; Engagement and Support; Identity and Access, and Additional Service Offerings. The Company’s communication and collaboration services include GoToMeeting; GoToTraining; GoToWebinar; join.me, join.me pro and join.me enterprise; OpenVoice, and Grasshopper. The Company’s customer engagement and support services include BoldChat; GoToAssist, GoToAssist Corporate and GoToAssist Seeit; LogMeIn Rescue, Rescue Lens and LogMeIn Rescue+Mobile, and Xively. Its identity and access management services include LogMeIn Central, GoToMyPC, LogMeIn Pro and LastPass. Its additional service offerings include LogMeIn Backup, LogMeIn Hamachi and RemotelyAnywhere.