Zacks Investment Research disclosed Shutterfly, Inc. (NASDAQ:SFLY), boosting its price target to $51.00 earlier today
- Updated: October 3, 2016
Reporting a potential upside of 0.12%, Zacks Investment Research raised the target price of Shutterfly, Inc. (NASDAQ:SFLY) to $51.00
Previously on 4/28/2016, RBC Capital Markets reported about Shutterfly, Inc. (NASDAQ:SFLY) raised the target price from $48.00 to $52.00. At the time, this indicated a possible upside of 0.09%.
Yesterday Shutterfly, Inc. (NASDAQ:SFLY) traded 2.22% higher at $45.41. The company’s 50-day moving average is $48.99 and its 200-day moving average is $48.06. The last stock close price is down -5.05% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 419,596 shares of the stock were exchanged, up from an average trading volume of 409,116
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Shutterfly, Inc. has a 52 week low of $35.61 and a one year high of $54.60 with a price-earnings ratio of 72.43 SFLY’s total market value is presently $0.
A total of 10 analysts have released a research note on SFLY. One analyst rating the company a strong buy, five analysts rating the company a buy, four analysts rating the company a hold, one analyst rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of $46.70.
More About Shutterfly, Inc. (NASDAQ:SFLY)
Shutterfly, Inc. is a manufacturer and digital retailer of personalized products and services offered through a family of lifestyle brands. The Company offers a range of personalized photo-based products and services. The Company's segments include Consumer, Enterprise and corporate. The Consumer segment sells the Company's photo-based products, such as photo books, stationery and greeting cards, other photo-based merchandise, photo prints and also ships, as well as rents the BorrowLenses brand of products. The Enterprise segment is engaged in printing and shipping of direct marketing and other variable data print products and formats. The Company's products and services are offered through a family of lifestyle brands, including Shutterfly, Tiny Prints, Wedding Paper Divas, ThisLife, MyPublisher and BorrowLenses. The Shutterfly brand includes photo books, announcements, as well as custom home decor products and photo gifts. The Shutterfly brand also includes online photo service.
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