Alphabet A (NASDAQ:GOOGL) target price lowered to $925.00, reported today by Canaccord
- Updated: December 1, 2016
Alphabet A (NASDAQ:GOOGL) had its target price lowered to $925.00 by Canaccord in a report released Thursday December 01, 2016. The new target price indicates a possible upside of 0.19% based on the company's last stock close price.
Previously on 11/24/2016, Vetr Inc. reported about Alphabet A (NASDAQ:GOOGL) raised the target price from $0.00 to $880.83. At the time, this indicated a possible upside of 0.13%.
Yesterday Alphabet A (NASDAQ:GOOGL) traded -1.78% lower at $775.88. The company’s 50-day moving average is $799.78 and its 200-day moving average is $772.81. The last stock close price is up -1.39% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 2,425,396 shares of the stock were exchanged, up from an average trading volume of 1,788,340
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Alphabet A has a 52 week low of $672.66 and a 52 week high of $839.00 with a P/E ratio of 27.89 The company’s market cap is currently $0.
In addition to Canaccord reporting its target price, a total of 44 firms have reported on the stock. The consensus target price is $908.16 with 19 firms rating the stock a strong buy, 29 firms rating the stock a buy, 3 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
About Alphabet A (NASDAQ:GOOGL)
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 licensing and research and development (R&D) services through Verily.
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