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Stifel Nicolaus announced Netflix Inc. (NDAQ:NFLX), raising its target price to $230.00 today

Having a price of $195.80, Netflix Inc. (NDAQ:NFLX) traded 0.47% higher on the day. With the last stock price up 18.73% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.03% over the same period. NFLX has recorded a 50-day average of $181.19 and a two hundred day average of $164.97. Trade Volume was up over the average, with 7,740,902 shares of NFLX changing hands over the typical 7,345,700

Netflix Inc. (NDAQ:NFLX) had its price target upped to $230.00 by Stifel Nicolaus in an issued report issued Thursday October 12, 2017. The upped price target suggests a potential upside of 0.17% based on the company's previous closing price.

On 10/11/2017, Morgan Stanley released a statement about Netflix Inc. (NDAQ:NFLX) upped the target price from $210.00 to $225.00 that suggested an upside of 0.16%.

Recent Performance Chart

Netflix Inc. (NDAQ:NFLX)

Netflix Inc. has PE ratio of 238.27 with a one year low of $97.63 and a one year high of $199.40 and has a market capitalization of $0.

In addition to Stifel Nicolaus reporting its target price, a total of 40 firms have issued a report on the stock. The consensus target price is $117.22 with 6 firms rating the stock a strong buy, 17 firms rating the stock a buy, 15 firms rating the stock a hold, 3 firms rating the stock a underperform, and finally 2 firms rating the stock a sell.

General Information About Netflix Inc. (NDAQ: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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