FBR & Co. announced Netflix (NASDAQ:NFLX), boosting its stock price target to $100.00 today
- Updated: October 18, 2016
In a report released on Tuesday October 18, 2016 FBR & Co. increased the stock price target of Netflix (NASDAQ:NFLX) from $90.00 to $100.00 reporting a possible upside of 0.00%.
Previously on 10/17/2016, Vetr Inc. released a statement about Netflix (NASDAQ:NFLX) increased the target price from $0.00 to $105.11. At the time, this indicated a possible upside of 0.04%.
Just yesterday Netflix (NASDAQ:NFLX) traded -1.65% lower at $99.80. Netflix’s 50-day moving average is $98.99 and its 200-day moving average is $96.28. The last stock price is up 3.65% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 26,589,483 shares of NFLX traded hands, up from an average trading volume of 10,204,300
Recent Performance Chart
Netflix has 52 week low of $79.95 and a 52 week high of $133.27 with a PE ratio of 311.88 and has a market capitalization of $0.
In addition to FBR & Co. reporting its stock price target, a total of 40 brokerages have issued a ratings update on the company. The average stock price target is $117.22 with 6 brokerages rating the stock a strong buy, 17 brokerages rating the stock a buy, 15 brokerages rating the stock a hold, 3 brokerages rating the stock a underperform, and finally 2 brokerages rating the stock a sell.
Brief Synopsis On Netflix (NASDAQ:NFLX)
Netflix, Inc. (Netflix) is a provider of Internet television network. The Company's members can watch original series, documentaries and feature films in Internet-connected screen. The Company has three operating segments: Domestic streaming, International streaming and Domestic DVD. The Domestic and International streaming segments derive revenues from monthly membership fees for services consisting of streaming content. The Domestic DVD segment derives revenues from monthly membership fees for services consisting of digital video disc (DVD)-by-mail. The Company's members can watch television shows and movies directly on their televisions, computers and mobile devices. The Company offers streaming service both domestically and internationally. Its members can play, pause and resume watching, without commercials or commitments. Additionally, in the United States, the Company's members can receive DVDs to their homes.
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