Amazon.com (NASDAQ: AMZN) had a rating of “buy” re-issued by Barclays analysts on Monday. This report on the stock was stated by Borsen Zeitung.
Stock Commentary On AMZN
Several research analysts have issued their reports on AMZN stocks. Susquehanna Bancshares increased their objective price to $5500 from $5200 while issuing a rating of “positive” on Friday. Deutsche Bank Aktiengesellschaft increased their price target to $4250 from $4050 while issuing a rating of “buy” on 3rd February, Wednesday. Evercore ISI increased their price target to $4500 from $4000 while issuing a rating of “outperform” on Friday. BMO Capital Markets increased their price target to $4300 from $4200 while issuing a rating of “outperform” on Friday. Finally, Raymond James increased their objective price to $4125 from $4200 while issuing a rating of “outperform” on Friday.
On Monday, AMZN stock had opened with a value of $3467.42. The moving average of the stock over 50 days is $3226.87 while that for 200 days is $3199.49. The market capitalization of the firm stands at $1.75T with a 1.19 beta. The highest and lowest value of the stock over a year is $3554 and $2256.38 respectively. The latest report of AMZN stock was announced on 28th April, Wednesday. It had an EPS of $15.79 overshooting the estimated $9.54 by analysts.
Judith A. McGrath, the director, sold off 340 shares at an average $3328.35 price per share on 4th February, Thursday. David H. Clark, the CEO, sold off 1019 AMZN shares on 16th February, Tuesday at an average $3257.88 price per share.
Tacita Capital Inc., Cowa LLC, Fusion Family Wealth LLC, Resolute Partners Group, and Advanced Research Investment Solutions LLC all increased their share of the company’s stocks. Currently, hedge funds and institutional investors possess 56.39% of stocks.
