The stocks of FB have had their price target increased from a sum of $355 to a sum of $385 in a Monday report that was published by research analysts. Currently, the company has a rating of buy on this social networking company. Deutsche Bank’s target price will be hinting towards an annual growth of 35.18% on the current price of the company.
The Stock Commentary Of FB
There have been quite a few research equities interested in the workings of FB. Raymond James has already increased the price target of the company from $320 to $360, along with a rating of strong buy in a 28th January research report. Loop Capital has also increased the price target of the company from $330 to $370 with a rating of buy in a 16th February research report.
UBS Group has elevated the price target of the company from $330 to $350 along with a buy rating that was present in a 28th January research note. Evercore ISI increased the price target from $355 to $360 with a rating of outperform.
One of the investment analysts working on the stocks of FB has given it a rating of sell, while five of them have given it a rating of hold. Thirty-seven of the investment analysts have given the company a rating of buy. Currently, FB has a rating of buy with a $325.10 price target.
The stocks of FB traded on Monday at $284.81. The year low of the company is $150.83, with the year high of the company set at $304.67. The moving average of the company over fifty days is $269.53, with a moving average of the company over two-hundred days is $269.50. The market cap of the company is $811.04 billion with a 32.23 PE ratio with a PEG ratio of 1.29.
