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Aegis disclosed Shutterfly, Inc. (NASDAQ:SFLY), hiking its price target to $62.00 earlier today

Indicating a possible upside of 0.22%, Aegis bumped up the target of Shutterfly, Inc. (NASDAQ:SFLY) to $62.00

Previously on 2/4/2016, RBC Capital Markets reported on Shutterfly, Inc. (NASDAQ:SFLY) lowered the target price from $52.00 to $48.00. At the time, this indicated a possible upside of 0.21%.

Yesterday Shutterfly, Inc. (NASDAQ:SFLY) traded 0.39% higher at $50.68. The company’s 50-day moving average is $47.30 and its 200-day moving average is $48.24. The last closing price is up 5.47% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 7,415 shares of the stock were exchanged, down from an average trading volume of 588,845

See Chart Below

Shutterfly, Inc. (NASDAQ:SFLY)

Shutterfly, Inc. has a 52 week low of $35.91 and a 52 week high of $54.60 with a P/E ratio of 31.29 The company’s market cap is currently $0.

In addition to Aegis reporting its target price, a total of 10 brokers have issued a report on the stock. The consensus target price is $46.70 with 1 broker rating the stock a strong buy, 5 brokers rating the stock a buy, 4 brokers rating the stock a hold, 1 broker rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Shutterfly, Inc. (NASDAQ:SFLY)

Shutterfly, Inc. is a manufacturer and digital retailer of personalized products and services offered through a family of lifestyle brands. The Company offers a range of personalized photo-based products and services. The Company's segments include Consumer, Enterprise and corporate. The Consumer segment sells the Company's photo-based products, such as photo books, stationery and greeting cards, other photo-based merchandise, photo prints and also ships, as well as rents the BorrowLenses brand of products. The Enterprise segment is engaged in printing and shipping of direct marketing and other variable data print products and formats. The Company's products and services are offered through a family of lifestyle brands, including Shutterfly, Tiny Prints, Wedding Paper Divas, ThisLife, MyPublisher and BorrowLenses. The Shutterfly brand includes photo books, announcements, as well as custom home decor products and photo gifts. The Shutterfly brand also includes online photo service.

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