Amazon.com (NASDAQ:AMZN) target price raised to $950.00, reported today by Nomura
- Updated: September 27, 2016
Yesterday Amazon.com (NASDAQ:AMZN) traded 0.00% even at $816.11. The company’s 50-day moving average is $773.95 and its 200-day moving average is $704.76. The last stock close price is up 15.80% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Volume of trade was down over the average, with 25 shares of AMZN changing hands under the typical 2,846,110
Amazon.com (NASDAQ:AMZN) had its target price raised to $950.00 by Nomura in a report released Wednesday September 28, 2016. The new target price indicates a possible upside of 0.16% based on the company's last stock close price.
Previously on 9/27/2016, JPMorgan reported about Amazon.com (NASDAQ:AMZN) raised the target price from $925.00 to $1,000.00. At the time, this indicated a possible upside of 0.25%.
With a total market value of $0, Amazon.com has price-earnings ratio of 202.96 with a one year low of $474.00 and a one year high of $816.64 .
A total of 40 analysts have released a report on Amazon.com. Thirteen analysts rating the company a strong buy, twenty-eight analysts rating the company a buy, four analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $802.92.
More About Amazon.com (NASDAQ:AMZN)
Amazon.com, Inc. offers a range of products and services through its Websites. The Company's products include merchandise and content that it purchases for resale from vendors and those offered by third-party sellers. The Company has three segments: North America, International and Amazon Web Services (AWS). The Company's North America segment focuses on retail sales of consumer products from sellers and subscriptions, through its North America-focused Websites, such as www.amazon.com, www.amazon.ca and www.amazon.com.mx. The Company's International segment includes export sales from its internationally focused Websites, including export sales from its sites to customers in the United States, Mexico and Canada. The Company's AWS segment focuses on the sales of compute, storage, database and other AWS service offerings for start-ups, enterprises, government agencies and academic institutions. The Company offers Amazon Prime, which is an annual membership program.
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