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Deutsche Bank recorded eBay Inc (NASDAQ:EBAY), raising its target price to $40.00 earlier today

Just yesterday eBay Inc (NASDAQ:EBAY) traded 1.86% higher at $31.85. eBay Inc’s 50-day moving average is $31.68 and its 200-day moving average is $26.89. The last closing price is up 22.36% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 11,959,853 shares of eBay Inc exchanged hands, up from an average trading volume of 10,361,900

Deutsche Bank bumped up the price target of eBay Inc (NASDAQ:EBAY) to $40.00 indicating a possible upside of 0.26%.

Recent Performance Chart

eBay Inc (NASDAQ:EBAY)

eBay Inc has 52 week low of $21.52 and a 52 week high of $33.19 with a PE ratio of 20.22 and has a market capitalization of $0.

In addition to Deutsche Bank reporting its stock price target, a total of 34 brokerages have issued a ratings update on the company. The average stock price target is $28.01 with 6 brokerages rating the stock a strong buy, 8 brokerages rating the stock a buy, 24 brokerages rating the stock a hold, 2 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On eBay Inc (NASDAQ:EBAY)

eBay Inc. (eBay) is a commerce company, which operates through its Marketplace, StubHub and Classifieds platforms. The Company helps in enabling commerce on its platforms for buyers and sellers online. The Company has an open source platform that provides software developers and merchants an access to its application programming interfaces for developing software and solutions for commerce. Its Marketplace platforms include its online marketplace located at www.ebay.com, localized counterparts and the eBay mobile applications. Its StubHub platforms include its online ticket platform located at www.stubhub.com and the StubHub mobile applications. Its StubHub platforms provide customers with a place to purchase tickets to the games, concerts and theater shows and also enable owners to sell the tickets. Its Classifieds platforms offer online classifieds with a collection of brands, such as Mobile.de, Kijiji, Gumtree, Marktplaats, eBay Classifieds and others.

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