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Amazon.com (NDAQ:AMZN) stock price target increased to $1,100.00, released a research note earlier today by Loop Capital

Yesterday Amazon.com (NDAQ:AMZN) traded -0.51% lower at $902.69. The company’s 50-day moving average is $868.27 and its 200-day moving average is $815.78. The last stock close price is up 10.23% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time. 2,865,377 shares of the stock were exchanged, down from an average trading volume of 3,308,910

Loop Capital raised the target price of Amazon.com (NDAQ:AMZN) to $1,100.00 indicating a possible upside of 0.22%.

Previously on 4/19/2017, Barclays Capital reported about Amazon.com (NDAQ:AMZN) raised the target price from $0.00 to $1,120.00. At the time, this indicated a possible upside of 0.25%.

See Chart Below

Amazon.com (NDAQ:AMZN)

Amazon.com has a 52 week low of $599.20 and a 52 week high of $923.72 with a P/E ratio of 183.51 The company’s market cap is currently $0.

In addition to Loop Capital reporting its target price, a total of 40 firms have reported on the stock. The consensus target price is $802.92 with 13 firms rating the stock a strong buy, 28 firms rating the stock a buy, 4 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Amazon.com (NDAQ:AMZN)

Amazon.com, Inc. offers a range of products and services through its Websites. The Company operates through three segments: North America, International and Amazon Web Services (AWS). The North America segment consists of retail sales of consumer products (including from sellers) and subscriptions through North America-focused Websites, such as www.amazon.com, www.amazon.ca and www.amazon.com.mx. The International segment primarily consists of retail sales of consumer products (including from sellers) and subscriptions through internationally-focused Websites, such as www.amazon.com.au, www.amazon.nl, www.amazon.es and www.amazon.co.uk. The AWS segment consists of sales of compute, storage, database, and other service offerings for start-ups, enterprises, government agencies and academic institutions. The Company's products include merchandise and content that it purchases for resale from vendors and those offered by third-party sellers. It manufactures and sells electronic devices.

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