A report released today by Monness Crespi & Hardt about Etsy Inc (NASDAQ:ETSY) ups the target price to $17.00
- Updated: September 24, 2016
Boasting a price of $13.51, Etsy Inc (NASDAQ:ETSY) traded 2.67% higher on the day. With the last stock price close up 45.84% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Etsy Inc has recorded a 50-day average of $13.94 and a two hundred day average of $10.43. Volume of trade was up over the average, with 3,096,761 shares of ETSY changing hands over the typical 1,802,800
Etsy Inc (NASDAQ:ETSY) had its target price raised to $17.00 by Monness Crespi & Hardt in a report released Wednesday September 21, 2016. The new target price indicates a potential upside of 0.26% from the company's most recent stock price close.
On 9/14/2016, Loop Capital released a statement for Etsy Inc (NASDAQ:ETSY) bumped up the target price from $0.00 to $14.00 that suggested an upside of 0.02%.
With a total market value of $0, Etsy Inc has with a one year low of $6.04 and a one year high of $15.70 .
A total of 7 equity analysts have released a research note on ETSY. One equity analyst rating the company a strong buy, zero equity analysts rating the company a buy, six equity analysts rating the company a hold, one equity analyst rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $10.93.
More About Etsy Inc (NASDAQ:ETSY)
Etsy, Inc. (Etsy) operates a marketplace to connect people around the both online and offline for making, selling and buying goods. The Company's geographical segments include United States and International. The Company's community includes Etsy sellers, Etsy buyers, wholesale partners, manufacturers and Etsy employees. The Company's platform includes marketplace, Seller Services, technology and community, both online and offline. The Company offers a range of services to help Etsy sellers build their personal brands, engage customers and complete transactions. The Company has over three seller services: Promoted Listings, Direct Checkout and Shipping Labels. Its Promoted Listings offering enables an Etsy seller to pay a cost-per-click-based fee to feature and promote her goods in search results generated by Etsy buyers on its platform. Its Direct Checkout offering allows Etsy sellers to accept various forms of payment, such as credit cards, debit cards, PayPal and Etsy gift cards.
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