Netflix, Inc. (NASDAQ:NFLX) target price raised to $106.17, reported today by Vetr Inc.
- Updated: October 16, 2016
Just yesterday Netflix, Inc. (NASDAQ:NFLX) traded 1.24% higher at $103.33. Netflix, Inc.’s 50-day moving average is $98.93 and its 200-day moving average is $96.40. The last closing price is up 5.26% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 9,531,056 shares of NFLX traded hands, down from an average trading volume of 9,983,610
Netflix, Inc. (NASDAQ:NFLX) had its target price raised to $106.17 by Vetr Inc. in a report released 10/11/2016. The updated stock price target implies a possible upside of 0.03% based on the company's previous closing price.
Previously on Monday October 10, 2016, Deutsche Bank reported on Netflix, Inc. (NASDAQ:NFLX) increased the target price from $0.00 to $90.00. At the time, this indicated a possible downside of -0.14%.
Recent Performance Chart
Netflix, Inc. has 52 week low of $79.95 and a 52 week high of $133.27 with a PE ratio of 317.09 and has a market capitalization of $0.
In addition to Vetr Inc. reporting its stock price target, a total of 40 brokers have issued a research note on the company. The average stock price target is $117.22 with 6 brokers rating the stock a strong buy, 17 brokers rating the stock a buy, 15 brokers rating the stock a hold, 3 brokers rating the stock a underperform, and finally 2 brokers rating the stock a sell.
Brief Synopsis On 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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