Wedbush disclosed Etsy Inc (NASDAQ:ETSY), hiking its price target to $15.00 earlier today
- Updated: October 12, 2016
Having a price of $15.11, Etsy Inc (NASDAQ:ETSY) traded -2.99% lower on the day. With the last close up 33.40% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. ETSY has recorded a 50-day average of $14.30 and a two hundred day average of $10.99. Trade Volume was down over the average, with 80,108 shares of ETSY changing hands under the typical 1,699,130
Reporting a potential downside of -0.01%, Wedbush upped the price target of Etsy Inc (NASDAQ:ETSY) to $15.00
On Friday October 07, 2016, Citigroup released a statement on Etsy Inc (NASDAQ:ETSY) upped the target price from $16.00 to $20.00 that suggested an upside of 0.32%.
Recent Performance Chart
Etsy Inc has with a one year low of $6.04 and a one year high of $16.05 and has a total market value of $0.
A total of 7 equity analysts have released a research note on ETSY. One equity analyst rating the company a strong buy, zero equity analysts rating the company a buy, six equity analysts rating the company a hold, one equity analyst rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $10.93.
More About Etsy Inc (NASDAQ:ETSY)
Etsy, Inc. (Etsy) operates a marketplace to connect people around the both online and offline for making, selling and buying goods. The Company's geographical segments include United States and International. The Company's community includes Etsy sellers, Etsy buyers, wholesale partners, manufacturers and Etsy employees. The Company's platform includes marketplace, Seller Services, technology and community, both online and offline. The Company offers a range of services to help Etsy sellers build their personal brands, engage customers and complete transactions. The Company has over three seller services: Promoted Listings, Direct Checkout and Shipping Labels. Its Promoted Listings offering enables an Etsy seller to pay a cost-per-click-based fee to feature and promote her goods in search results generated by Etsy buyers on its platform. Its Direct Checkout offering allows Etsy sellers to accept various forms of payment, such as credit cards, debit cards, PayPal and Etsy gift cards.
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