Netflix, Inc. (NASDAQ:NFLX) target price raised to $102.77, reported today by Vetr Inc.
- Updated: September 18, 2016
Just yesterday Netflix, Inc. (NASDAQ:NFLX) traded 2.20% higher at $99.48. NFLX’s 50-day average is $95.74 and its two hundred day moving average is $96.19. With the last stock price up 3.42% relative to the 200-day moving average, compared with the S&P 500 which has decreased -0.01% over the same time period. Volume of trade was was down over the average, with 9,445,109 shares of NFLX changing hands under the typical 10,832,700 shares..
Netflix, Inc. (NASDAQ:NFLX) had its price target bumped up to $103 by Vetr Inc. in an issued report issued Monday September 19 2016. The new target price indicates a possible upside of 0.03% based on the company’s most recent closing price.
Also covering Netflix, Inc.’s target price, a total of 40 analysts have reported on the stock. The 12-month target stock price is $117.22 with six analysts rating the company a strong buy, 17 firms rating the company a buy, 15 firms rating the stock a hold, three brokerages rating the company to underperform, and finally two firms rating the stock as sell.
With a market capitalization of $0.0, Netflix, Inc. has a PE of 311 with a one-year low of $79.95 and a one-year high of $133.27.
More About 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, and the Company’s members can receive DVDs to their homes.
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