Credit Suisse recorded Square (NYSE:SQ), bumping its price target to $12.00 earlier today
- Updated: October 19, 2016
Yesterday Square (NYSE:SQ) traded -0.33% lower at $11.34. The company’s 50-day moving average is $11.58 and its 200-day moving average is $11.12. The last closing price is up 1.69% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 1,068,460 shares of the stock were exchanged, down from an average trading volume of 4,516,200
Reporting a potential upside of 0.06%, Credit Suisse bumped up the target of Square (NYSE:SQ) to $12.00
Previously on 10/13/2016, Vetr Inc. reported on Square (NYSE:SQ) increased the target price from $0.00 to $11.70. At the time, this indicated a possible upside of 0.04%.
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Square has a 52 week low of $8.06 and a 52 week high of $15.91 The company’s market cap is currently $0.
In addition to Credit Suisse reporting its stock price target, a total of 17 analysts have released a report on Square. The 12-month price target is $12.53 with 5 firms rating the company a strong buy, five equity analysts rating the company a buy, nine brokers rating the stock a hold, 0 brokers rating the company a underperform, and lastly one brokerage rating the company a sell.
General Company Details For Square (NYSE:SQ)
Square, Inc. enables payment processing, and also offers financial and marketing services. The Company provides sellers various tools to start, run, manage and grow their businesses. It serves sellers of all sizes, ranging from a single vendor at a farmers' market to multinational businesses. It serves as a payment service provider, acting as the touch point for the seller to the rest of the payment chain. Square Register is a point of sale (POS) software application for iPhone operating software (iOS) and Android, and is available to sellers across the world. Square Reader for magnetic stripe cards plugs into the standard headset jack of a mobile device, enabling swiped transactions. Square Customer Engagement helps sellers analyze and understand their businesses, engage their buyers in ongoing conversations, and promote their offerings through e-mail marketing. Caviar offers a food delivery service to help restaurants reach new customers.
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