Canaccord reported on eBay (NASDAQ:EBAY), raising its target price to $32.00 today
- Updated: April 20, 2017
eBay (NASDAQ:EBAY) had its price target upped to $32.00 by Canaccord in an issued report announced 4/20/2017. The upped price target implies a potential downside of -0.05% from the company's most recent stock price close.
On 4/14/2017, Aegis Capital released a statement for eBay (NASDAQ:EBAY) bumped up the target price from $38.00 to $40.00 that suggested an upside of 0.17%.
Boasting a price of $33.86, eBay (NASDAQ:EBAY) traded -0.49% lower on the day. With the last stock price close up 8.30% from the two hundred day average, compared with the S&P 500 Index which has increased 0.03% over the date range. eBay has recorded a 50-day average of $33.66 and a two hundred day average of $31.26. Volume of trade was down over the average, with 429,978 shares of EBAY changing hands under the typical 8,951,260
With a total market value of $0, eBay has price-earnings ratio of 5.33 with a one year low of $22.30 and a one year high of $34.74 .
A total of 34 analysts have released a research note on the stock. 6 firms rating the stock a strong buy, 8 firms rating the stock a buy, 24 firms rating the stock a hold, 2 firms rating the stock a underperform, and finally 0 firms rating the stock a sell with a consensus target price of $28.01.
About eBay (NASDAQ:EBAY)
eBay Inc. (eBay) is a commerce company, which operates through its Marketplace, StubHub and Classifieds platforms. The Company connects buyers and sellers around the world. Its platforms enable sellers around the world to organize and offer their inventory for sale, and buyers to find and purchase it. Its platforms are accessible through an online experience (desktop and laptop computers), from mobile devices (smartphones and tablets) and by application programming interface (API) (platform access for third-party software developers). The Company's Marketplace platforms include its online marketplace located at www.ebay.com, localized counterparts and the eBay mobile applications. The Company's StubHub platforms include its online ticket platform located at www.stubhub.com, the StubHub mobile applications and Ticketbis. The Company's Classifieds platforms include a collection of brands, such as Mobile.de, Kijiji, Gumtree, Marktplaats, eBay Kleinanzeigen and others.
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