Netflix Inc. (NASDAQ:NFLX) price target bumped up to $150.00, released a ratings update earlier today by RBC Capital Markets
- Updated: October 18, 2016
In a report issued 10/18/2016 RBC Capital Markets raised the target price of Netflix Inc. (NASDAQ:NFLX) from $130.00 to $150.00 reporting a potential upside of 0%.
On 10/17/2016, Vetr Inc. released a statement on Netflix Inc. (NASDAQ:NFLX) upped the target price from $0.00 to $105.11. At the time, this indicated a possible upside of 0.04%.
Displaying a price of $0.00, Netflix Inc. (NASDAQ:NFLX) traded -1.65% lower on the day. The last stock price is down 3.65% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same time. NFLX has recorded a 50-day moving average of $98.99 and a 200-day moving average of $96.28. 26,589,483 shares of NFLX traded, up from an avg. volume of 10,204,300
With a total market value of $0, Netflix Inc. has P/E ratio of 311.88 with a 52 week low of $79.95 and a 52 week high of $133.27 .
A total of 40 brokerages have issued a ratings update on NFLX. Six brokers rating the stock a strong buy, 17 brokers rating the stock a buy, 15 firms rating the stock a hold, 3 firms rating the stock a underperform, and finally 2 brokerages rating the stock a sell with a average stock price target of $117.22.
General Company Details For Netflix Inc. (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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