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eBay Inc (NASDAQ:EBAY) target price raised to $34.00, issued a report today by Wedbush

Yesterday eBay Inc (NASDAQ:EBAY) traded -0.41% lower at $31.50. The company’s 50-day moving average is $31.97 and its 200-day moving average is $27.35. The last stock close price is up 14.71% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 977,926 shares of the stock were exchanged, down from an average trading volume of 10,339,600

eBay Inc (NASDAQ:EBAY) had its target price raised to $34.00 by Wedbush in a report released 10/13/2016. The new target price indicates a possible upside of 0.08% based on the company's last stock close price.

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eBay Inc (NASDAQ:EBAY)

eBay Inc has a 52 week low of $21.51 and a 52 week high of $33.19 with a P/E ratio of 19.28 The company’s market cap is currently $0.

In addition to Wedbush reporting its target price, a total of 34 firms have issued a report on the stock. The consensus target price is $28.01 with 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.

About 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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