Vacasa (VCSA, Financial) has received endorsements from two influential proxy advisory firms, Institutional Shareholder Services and Glass, Lewis, urging shareholders to approve its proposed merger with Casago. This development marks a significant step forward as the companies prepare for a key vote.
The special meeting for Vacasa shareholders, crucial for advancing the merger, is set to take place on April 29. The backing from these advisory firms could play a pivotal role in swaying the shareholders' decision in favor of the merger.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 1 analysts, the average target price for Vacasa Inc (VCSA, Financial) is $2.50 with a high estimate of $2.50 and a low estimate of $2.50. The average target implies an downside of 53.87% from the current price of $5.42. More detailed estimate data can be found on the Vacasa Inc (VCSA) Forecast page.
Based on the consensus recommendation from 5 brokerage firms, Vacasa Inc's (VCSA, Financial) average brokerage recommendation is currently 3.0, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Vacasa Inc (VCSA, Financial) in one year is $6.25, suggesting a upside of 15.31% from the current price of $5.42. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Vacasa Inc (VCSA) Summary page.
