Monness Crespi disclosed eBay Inc (NASDAQ:EBAY), boosting its price target to $35.00 earlier today
- Updated: October 18, 2016
Just yesterday eBay Inc (NASDAQ:EBAY) traded -0.13% lower at $0.00. eBay Inc’s 50-day moving average is $32.01 and its 200-day moving average is $27.54. The last closing price is down 15.37% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 6,520,179 shares of EBAY traded hands, down from an average trading volume of 10,118,900
Reporting a potential upside of 0%, Monness Crespi increased the stock price target of eBay Inc (NASDAQ:EBAY) to $35.00
Previously on 10/17/2016, Benchmark reported on eBay Inc (NASDAQ:EBAY) increased the target price from $33.00 to $38.00. At the time, this indicated a possible upside of 0.19%.
Recent Performance Chart
eBay Inc has 52 week low of $21.52 and a 52 week high of $33.19 with a PE ratio of 19.53 and has a market capitalization of $0.
In addition to Monness Crespi reporting its stock price target, a total of 34 brokers have issued a research note on the company. The average stock price target is $28.01 with 6 brokers rating the stock a strong buy, 8 brokers rating the stock a buy, 24 brokers rating the stock a hold, 2 brokers rating the stock a underperform, and finally 0 brokers 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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