A statement released earlier today by Vetr Inc. about Netflix, Inc. (NASDAQ:NFLX) bumps the target price to $105.33
- Updated: October 17, 2016
Yesterday Netflix, Inc. (NASDAQ:NFLX) traded -1.65% lower at $100.13. The company’s 50-day moving average is $98.99 and its 200-day moving average is $96.28. The last stock close price is up 3.65% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 26,589,483 shares of NFLX traded hands, up from an average trading volume of 10,204,300
Vetr Inc. increased the stock price target of Netflix, Inc. (NASDAQ:NFLX) to $105.33 indicating a possible upside of 0.05%.
Previously on Monday October 17, 2016, Vetr Inc. reported about Netflix, Inc. (NASDAQ:NFLX) raised the target price from $0.00 to $105.11. At the time, this indicated a possible upside of 0.04%.
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Netflix, Inc. has a 52 week low of $79.95 and a 52 week high of $133.27 with a P/E ratio of 311.88 The company’s market cap is presently $0.
A total of 40 firms have reported on NFLX. Six equity analysts rating the company a strong buy, 17 brokers rating the stock a buy, fifteen brokerages rating the company a hold, three brokerages rating the company a underperform, and finally 2 brokers rating the stock a sell with a average stock price target of $117.22.
Brief Synopsis On Netflix, Inc. (NASDAQ:NFLX)
Netflix, Inc. (Netflix) is a provider of Internet television network. The Company's members can watch original series, documentaries and feature films in Internet-connected screen. The Company has three operating segments: Domestic streaming, International streaming and Domestic DVD. The Domestic and International streaming segments derive revenues from monthly membership fees for services consisting of streaming content. The Domestic DVD segment derives revenues from monthly membership fees for services consisting of digital video disc (DVD)-by-mail. The Company's members can watch television shows and movies directly on their televisions, computers and mobile devices. The Company offers streaming service both domestically and internationally. Its members can play, pause and resume watching, without commercials or commitments. Additionally, in the United States, the Company's members can receive DVDs to their homes.
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