A report released today by Benchmark about eBay (NASDAQ:EBAY) ups the target price to $38.00
- Updated: October 16, 2016
Boasting a price of $31.89, eBay (NASDAQ:EBAY) traded -0.56% lower on the day. With the last close up 15.60% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. EBAY has recorded a 50-day average of $31.99 and a two hundred day average of $27.43. Volume of trade was down over the average, with 1,126,670 shares of EBAY changing hands under the typical 10,214,100
eBay (NASDAQ:EBAY) had its target bumped up to $38.00 by Benchmark in a report released 10/17/2016. The updated stock price target implies a possible upside of 0.19% from the company's previous stock price.
On 10/13/2016, Wedbush reported on eBay (NASDAQ:EBAY) raised the target price from $0.00 to $34.00. At the time, this suggested an upside of 0.08%.
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eBay has a PE ratio of 19.49 with a one year low of $21.52 and a one year high of $33.19 eBay’s market capitalization is currently $0.
In addition to Benchmark reporting its stock price target, a total of 34 firms have reported on the company. The average stock price target is $28.01 with six equity analysts rating the company a strong buy, eight analysts rating the company a buy, 24 firms rating the stock a hold, 2 brokerages rating the stock a underperform, and finally 0 brokerages rating the company a sell.
General Company Details For eBay (NASDAQ:EBAY)
eBay Inc. (eBay) is a commerce company, which operates through its Marketplace, StubHub and Classifieds platforms. The Company helps in enabling commerce on its platforms for buyers and sellers online. The Company has an open source platform that provides software developers and merchants an access to its application programming interfaces for developing software and solutions for commerce. Its Marketplace platforms include its online marketplace located at www.ebay.com, localized counterparts and the eBay mobile applications. Its StubHub platforms include its online ticket platform located at www.stubhub.com and the StubHub mobile applications. Its StubHub platforms provide customers with a place to purchase tickets to the games, concerts and theater shows and also enable owners to sell the tickets. Its Classifieds platforms offer online classifieds with a collection of brands, such as Mobile.de, Kijiji, Gumtree, Marktplaats, eBay Classifieds and others.
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