Alphabet Inc (NASDAQ:GOOG) stock price target bumped down to $950.00, released a research note earlier today by Pivotal Research
- Updated: March 20, 2017
Boasting a price of $848.40, Alphabet Inc (NASDAQ:GOOG) traded -0.44% lower on the day. The last close is up 6.97% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.04% over the same time period. The company has recorded a 50-day moving average of $824.43 and a 200-day moving average of $793.16. 1,230,921 shares of GOOG traded, down from an avg. trading volume of 1,374,440
Pivotal Research lowered the target price of Alphabet Inc (NASDAQ:GOOG) to $950.00 stating a potential upside of 0.12%.
Previously on 3/01/2017, Vetr Inc. reported about Alphabet Inc (NASDAQ:GOOG) raised the target price from $0.00 to $849.81 that suggested an upside of 0.02%.
Alphabet Inc has a 52 week low of $663.28 and a 52 week high of $853.40 with a P/E ratio of 30.43 Alphabet Inc’s market capitalization is currently $0.
Also covering Alphabet Inc's price target, a total of 12 equity analysts have released a ratings update on GOOG. The one year target is $930.08 with five analysts rating the company a strong buy, seven firms rating the stock a buy, 1 firm rating the stock a hold, zero brokerages rating the company a underperform, and lastly zero brokerages rating the stock a sell.
Brief Synopsis On Alphabet Inc (NASDAQ:GOOG)
Alphabet Inc. is a holding company. The Company's businesses include Google Inc. (Google) and its Internet products, such as Access, Calico, CapitalG, GV, Nest, Verily, Waymo and X. The Company's segments include Google and Other Bets. The Google segment includes its Internet products, such as Search, Ads, Commerce, Maps, YouTube, Google Cloud, Android, Chrome and Google Play, as well as its hardware initiatives. The Google segment is engaged in advertising, sales of digital content, applications and cloud offerings, and sales of hardware products. The Other Bets segment is engaged in the sales of Internet and television services through Google Fiber, sales of Nest products and services, and licensing and research and development (R&D) services through Verily. It offers Google Assistant, which allows users to type or talk with Google; Google Maps, which helps users navigate to a store, and Google Photos, which helps users store and organize all of their photos.
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