The stocks of AMZN have been given a price rating of buy by around fifty-two different investment analysts who have started covering the firm. According to a report, two of the analysts covering the firm have given it a rating of hold, while forty-four other analysts have issued the stocks of AMZN with a rating of buy. Currently, the price target of the company calculated over a period of a year has been reported at $3,929.12.
The Stock Commentary of AMZN
There have been quite a few research equities that have commented on the stocks of AMZN. Guggenheim has already increased the price target of the company from a sum of $3,600 to a sum of $4,000, along with a rating of buy in a 3rd February research report. Credit Suisse Group has also instituted a buy rating in a 4th February research report. Susquehanna has increased the price target of the company from a sum of $4,000 to a sum of $5,200, along with a rating of positive in a 3rd February research report.
Canaccord Genuity has given the company a price target of $4,100, along with a buy rating in a 3rd February research report. In the end, KeyCorp decided to increase the price objective of the company from a value of $3,500 to a value of $3,700, with a price rating of overweight in a 3rd February research report.
The stocks of AMZN traded on Wednesday at $3,062.85. The debt-to-equity ratio of the company is 0.40, with a 1.11 current ratio. The moving average price of the company over a period of 50 days is $3,215.88, while the moving average price of the company over a period of 200 days is $3,196. The market cap of the firm is $1.54 trillion, with an 89.69 PE ratio.
