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Netflix (NASDAQ:NFLX) stock price target increased to $214.00, issued a research note today by Buckingham Research

Reporting a potential upside of 0.15%, Buckingham Research upped the price target of Netflix (NASDAQ:NFLX) to $214.00

On Tuesday September 12, 2017, Guggenheim released a statement on Netflix (NASDAQ:NFLX) upped the target price from $190.00 to $210.00 that suggested an upside of 0.16%.

Having a price of $185.51, Netflix (NASDAQ:NFLX) traded -0.17% lower on the day. With the last close up 15.70% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.04% over the same time period. NFLX has recorded a 50-day moving average of $175.28 and a 200-day moving average of $160.06. 1,129,887 shares of NFLX traded hands, down from an average trading volume of 6,857,320

Recent Performance Chart

Netflix (NASDAQ:NFLX)

Netflix has 52 week low of $93.26 and a 52 week high of $191.50 with a PE ratio of 225.29 and has a market capitalization of $0.

In addition to Buckingham Research reporting its stock price target, a total of 40 brokerages have issued a ratings update on the company. The average stock price target is $117.22 with 6 brokerages rating the stock a strong buy, 17 brokerages rating the stock a buy, 15 brokerages rating the stock a hold, 3 brokerages rating the stock a underperform, and finally 2 brokerages rating the stock a sell.

Brief Synopsis On Netflix (NASDAQ:NFLX)

Netflix, Inc. is a provider an Internet television network. The Company operates through three segments: Domestic streaming, International streaming and Domestic DVD. The Domestic streaming segment includes services that streams content to its members in the United States. The International streaming segment includes services that streams content to its members outside the United States. The Domestic DVD segment includes services, such as digital optical disc (DVD)-by-mail. The Company's members can watch original series, documentaries, feature films, as well as television shows and movies directly on their Internet-connected screen, televisions, computers and mobile devices. It offers its streaming services both domestically and internationally. In the United States, its members can receive DVDs delivered to their homes. The Company had members streaming in over 190 countries, as of December 31, 2016.

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