Square Inc (NYSE:SQ) target bumped up to $13.00, released a ratings update earlier today by Zacks Investment Research
- Updated: October 8, 2016
Zacks Investment Research bumped up the target of Square Inc (NYSE:SQ) to $13.00 indicating a possible upside of 0.11%.
Previously on 10/03/2016, Vetr Inc. reported about Square Inc (NYSE:SQ) raised the target price from $0.00 to $12.28. At the time, this indicated a possible upside of 0.05%.
Yesterday Square Inc (NYSE:SQ) traded -0.35% lower at $11.69. The company’s 50-day moving average is $11.75 and its 200-day moving average is $11.26. The last stock close price is up 1.94% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 1,660,239 shares of the stock were exchanged, down from an average trading volume of 4,443,300
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Square Inc has a 52 week low of $8.06 and a 52 week high of $15.91 SQ’s total market value is presently $0.
A total of 17 brokers have issued a research note on the company. 5 firms rating the stock a strong buy, five analysts rating the company a buy, nine equity analysts rating the stock a hold, 0 analysts rating the company a underperform, and finally one broker rating the stock a sell with a average stock price target of $12.53.
General Information About Square Inc (NYSE:SQ)
Square, Inc. enables payment processing, and also offers financial and marketing services. The Company provides sellers various tools to start, run, manage and grow their businesses. It serves sellers of all sizes, ranging from a single vendor at a farmers' market to multinational businesses. It serves as a payment service provider, acting as the touch point for the seller to the rest of the payment chain. Square Register is a point of sale (POS) software application for iPhone operating software (iOS) and Android, and is available to sellers across the world. Square Reader for magnetic stripe cards plugs into the standard headset jack of a mobile device, enabling swiped transactions. Square Customer Engagement helps sellers analyze and understand their businesses, engage their buyers in ongoing conversations, and promote their offerings through e-mail marketing. Caviar offers a food delivery service to help restaurants reach new customers.
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