Amazon (NASDAQ:AMZN) price target increased to $950.00, issued a research note today by Mizuho Securities
- Updated: September 22, 2016
Displaying a price of $804.70, Amazon (NASDAQ:AMZN) traded 1.22% higher on the day. The last stock close price is up 13.35% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time. The company has recorded a 50-day moving average of $768.87 and a two hundred day average of $696.70. Volume of trade was down over the average, with 2,732,896 shares of AMZN changing hands under the typical 2,930,090
Stating as potential upside of 0.18%, Mizuho Securities upped the target price of Amazon (NASDAQ:AMZN) to $950.00
See Chart Below
With a total market value of $0, Amazon has 52 week low of $474.00 and a 52 week high of $790.79 with a P/E ratio of 196.40 .
Also covering Amazon's target, a total of 40 equity analysts have released a research note on the stock. The consensus target price is $802.92 with thirteen brokerages rating the company a strong buy, 28 brokers rating the company a buy, four analysts rating the stock a hold, 0 firms rating the company a underperform, and lastly zero brokers rating the stock a sell.
About Amazon (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.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.