Breaking Finance News

Loop Capital disclosed Amazon.com (NDAQ:AMZN), hiking its price target to $1,200.00 earlier today

Yesterday Amazon.com (NDAQ:AMZN) traded 0.37% higher at $994.18. The company’s 50-day moving average is $981.80 and its 200-day moving average is $946.71. The last stock close price is up 4.17% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. 960,193 shares of AMZN traded hands, down from an average trading volume of 3,773,170

Stating a possible upside of 0.21%, Loop Capital increased the stock price target of Amazon.com (NDAQ:AMZN) to $1,200.00

Previously on 9/7/2017, D. A. Davidson reported about Amazon.com (NDAQ:AMZN) raised the target price from $0.00 to $1,300.00. At the time, this indicated a possible upside of 0.33%.

See Chart Below

Amazon.com (NDAQ:AMZN)

Amazon.com has a 52 week low of $710.10 and a 52 week high of $1,083.31 with a P/E ratio of 250.81 The company’s market cap is currently $0.

In addition to Loop Capital reporting its stock price target, a total of 40 brokers have issued a research note on Amazon.com. The 12-month price target is $802.92 with thirteen analysts rating the company a strong buy, twenty-eight analysts rating the company a buy, four analysts rating the company a hold, zero analysts rating the company a underperform, and lastly zero analysts rating the company a sell.

More About Amazon.com (NDAQ:AMZN)

Amazon.com, Inc. offers a range of products and services through its Websites. The Company operates through three segments: North America, International and Amazon Web Services (AWS). The Company's products include merchandise and content that it purchases for resale from vendors and those offered by third-party sellers. It also manufactures and sells electronic devices. The Company, through its subsidiary, Whole Foods Market, Inc., offers healthy and organic food and staples across its stores. The Company also offers a range of products like whole trade bananas, organic avocados, organic large brown eggs, organic responsibly-farmed salmon and tilapia, organic baby kale and baby lettuce, animal-welfare-rated 85% lean ground beef, creamy and crunchy almond butter, organic gala and fuji apples, organic rotisserie chicken.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *