The stocks of AMZN have been given a rating of buy by several analysts working at Jefferies Financial in a Wednesday research report. The report was then sent out to most investors and clients of the company.
The Stock Commentary Of AMZN
There have been quite a few research equities that have commented on the stocks of AMZN. Wells Fargo & Company has already increased the price target of the company from $4,100 to $4,500 with a rating of overweight in a 30th April research report. BMO Capital Markets has also increased the price target of the company from $4,200 to $4,300 with a rating of outperform in a 30th April research report.
JPMorgan Chase & Co have issued the company with a rating of buy in a 26th May research report. Morgan Stanley has increased the price target of the company from $4,200 to a sum of $4,500 with a rating of overweight in a 30th April research report. In the end, the Bank of America decided to put out a rating of buy with a price target of $4,360 in a 25th May research report.
Two of the investment analysts have already issued the stocks with a rating of hold, while forty-six others have given the company a rating of buy. Currently, AMZN has a buy rating with a $4,168.98 target price.
The stocks of AMZN traded on Wednesday at $3,383. The year low of the company has been set at $2,576 with the year high set at $3,554. The market cap of the company is $1.71 trillion, with a 64.38 PE ratio, and a PEG ratio of 2.08. The debt-to-equity ratio of the company is 0.31, with the current ratio set at 1.05, and a 0.85 quick ratio. The moving average price of the company over a period of 50 days is $3,299.70.
