After performing well in the stock market the stocks of AMZN have a price target increased by brokerage analysts from Credit Suisse Group from a sum of $3,940 to $3,950 in a Friday research report. Currently, the company has a rating of outperform on the stocks of this conglomerate. The price target set by Credit Suisse for the company would be indicative of an increase in the current price of the company by 16.90%.
The Stock Commentary of AMZN
There have been quite a few research equities that have commented and analyzed the stocks of AMZN. Evercore ISI has already put up a rating of outperform with a price target set at $4,000 in a Tuesday research report. Susquehanna has also increased the price target of the company from $4,000 to $5,200 with a rating of positive in a 3rd February research note. MKM Partners has also followed the trend with a rating of Buy and a price target of $3,975. Wedbush has brought back it’s rating of outperform with a price target of $4,000 in a 3rd February research note.
Two of the investment analysts have already given the stocks of this company a rating of hold, while forty-six of them have given the company a rating of buy. Currently, AMZN has a buy rating with a $3,930.88 price target.
The stocks of AMZN traded on Friday at $3,379. The year low of the company is $2,256.38, with a year high of $3,552.25. The debt-to-equity ratio of the company is 0.40, with a 1.11 current ratio, along with a 0.88 quick ratio. The market cap of the firm is $1.70 trillion, with a PE ratio of around 98.95, along with a 2.37 PEG ratio, with a 1.19 beta.
