A statement released earlier today by Vetr Inc. about Alphabet Inc (NASDAQ:GOOG) bumps the target price to $822.37
- Updated: September 17, 2016
Boasting a price of $772.15, Alphabet Inc (NASDAQ:GOOG) traded 0.37% lower on the day. The last stock price is up 4.86% from the 200-day average, compared with the Standard & Poor’s 500 Index which has fallen -0.01% over the same time. GOOG has logged a 50-day average of $771.50 and two hundred day moving average of $733.24. 2,049,338 shares of GOOG traded hands, up from ann avg. trading volume of 1,470,120
In a report announced on 8/18/2016 Vetr Inc. raised the target price of Alphabet Inc (NASDAQ:GOOG) from $0 to $822 indicating a possible upsideof 0.07%.
Previously on 7/29/2016, Needham reported on Alphabet Inc(NASDAQ:GOOG) bumped the target price from $825.00 to $900.00 that indicated a possible upside of 0.17%.
See Graph Below:
In addition to Vetr Inc. reporting it’s target price, a total of 12 firms have released a research note on GOOG. The consensus target price is $930.08 with five firms rating the company a strong buy, seven firms rating the company a buy, one firm rating the stock a hold, 0 rating the stock to underperform, and finally 0 analysts rating the stock as sell.
With a market cap of $0.0, Alphabet Inc has a PE of 30 with a one-year low of $589.38 and a one-year high of $789.87.
Brief Synopsis About Alphabet Inc (NASDAQ:GOOG)
Alphabet Inc. is a holding company. The Company holds interests in Google Inc. (Google). The Company’s segments include Google and Other Bets. Google segment includes Internet products, such as Search, Ads, Commerce, Maps, YouTube, Apps, Cloud, Android, Chrome, Google Play, and hardware products, including Chromecast, Chromebooks and Nexus, which are sold by the Company. Its technical infrastructure and Virtual Reality are also included in Google segment. Google segment is engaged in advertising, sales of digital content, applications and cloud services, as well as sale of Google branded hardware. The Other Bets segment consists of various operating segments and includes businesses, such as Access/Google Fiber, Calico, Nest, Verily, GV, Google Capital, X and other initiatives. Other Bets segment is engaged in the sale of Nest hardware products, Internet and television services through Google Fiber, and and licensing and research and development (R&D) services through Verily.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.