Etsy (NASDAQ:ETSY) stock price target raised to $20.00, issued a report today by Citigroup
- Updated: October 7, 2016
Just yesterday Etsy (NASDAQ:ETSY) traded 4.82% higher at $15.13. Etsy’s 50-day moving average is $14.14 and its 200-day moving average is $10.80. The last stock close price is up 46.80% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Trading volume was down over the average, with 945,135 shares of ETSY changing hands under the typical 1,710,790
Citigroup bumped up the target of Etsy (NASDAQ:ETSY) to $20.00 indicating a possible upside of 0.32%.
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Etsy has a one year low of $6.04 and a one year high of $16.05 ETSY’s total market value is presently $0.
A total of 7 brokers have released a ratings update on ETSY. One analyst rating the company a strong buy, 0 brokerages rating the company a buy, six firms rating the stock a hold, one equity analyst rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $10.93.
General Information About Etsy (NASDAQ:ETSY)
Etsy, Inc. (Etsy) operates a marketplace to connect people around the both online and offline for making, selling and buying goods. The Company's geographical segments include United States and International. The Company's community includes Etsy sellers, Etsy buyers, wholesale partners, manufacturers and Etsy employees. The Company's platform includes marketplace, Seller Services, technology and community, both online and offline. The Company offers a range of services to help Etsy sellers build their personal brands, engage customers and complete transactions. The Company has over three seller services: Promoted Listings, Direct Checkout and Shipping Labels. Its Promoted Listings offering enables an Etsy seller to pay a cost-per-click-based fee to feature and promote her goods in search results generated by Etsy buyers on its platform. Its Direct Checkout offering allows Etsy sellers to accept various forms of payment, such as credit cards, debit cards, PayPal and Etsy gift cards.
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