RBC Capital disclosed Alphabet A (NASDAQ:GOOGL), upping its target price to $1,025.00 today
- Updated: September 29, 2016
Alphabet A (NASDAQ:GOOGL) had its target price raised to $1,025.00 by RBC Capital in a report released 9/30/2016. The new stock price target indicates a possible upside of 0.28% based on the company's last closing price.
Previously on 09/27/2016, Wedbush reported on Alphabet A (NASDAQ:GOOGL) increased the target price from $0.00 to $800.00. At the time, this indicated a possible downside of -0.01%.
Yesterday Alphabet A (NASDAQ:GOOGL) traded -0.92% lower at $802.64. The company’s 50-day moving average is $800.27 and its 200-day moving average is $757.79. The last closing price is up 5.92% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 1,350,075 shares of Alphabet A exchanged hands, down from an avg. volume of 1,461,120
With a total market value of $0, Alphabet A has price-earnings ratio of 31.10 with a one year low of $633.50 and a one year high of $819.06 .
A total of 44 equity analysts have released a ratings update on GOOGL. Nineteen equity analysts rating the company a strong buy, twenty-nine equity analysts rating the company a buy, three equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $908.16.
Brief Synopsis About Alphabet A (NASDAQ:GOOGL)
Alphabet Inc. is a holding company. The Company holds interests in Google Inc. (Google). The Company's segments include Google and Other Bets. Google segment includes Internet products, such as Search, Ads, Commerce, Maps, YouTube, Apps, Cloud, Android, Chrome, Google Play, and hardware products, including Chromecast, Chromebooks and Nexus, which are sold by the Company. Its technical infrastructure and Virtual Reality are also included in Google segment. Google segment is engaged in advertising, sales of digital content, applications and cloud services, as well as sale of Google branded hardware. The Other Bets segment consists of various operating segments and includes businesses, such as Access/Google Fiber, Calico, Nest, Verily, GV, Google Capital, X and other initiatives. Other Bets segment is engaged in the sale of Nest hardware products, Internet and television services through Google Fiber, and licensing and research and development (R&D) services through Verily.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.