The stocks of FB have their price target increased by research equities working at JMP Securities from a sum of $355 to a sum of $395 in a Wednesday research report. Currently, the brokerage has put up a rating of market outperform on the company, which indicates an increase of 24.08% on the current price of the stock.
The Stock Commentary Of FB
There have been quite a few research equities that have commented on the stocks of FB. Goldman Sachs Group has already reiterated their rating of buy with a price target of $355 in a 28th January research note. Canaccord Genuity has also increased the price target of the company from $350 to $380 with a rating of buy in a Wednesday research report. Credit Suisse Group has also increased the price target of the company from $330 to $371, with a rating of outperform in a Monday research report. Rosenblatt Securities has also increased the price target from $325 to $400 with a rating of buy in a Wednesday research report.
One of the investment analysts provided the company with a rating of sell, while six others gave it a rating of hold. Close to thirty-five others analysts provided the company with a rating of buy. Currently, FB has a buy rating with a price target of $368.11.
The stocks of FB traded on Wednesday at $0.02. The year low of the company is $200.69 with the year high coming to $331.81. The market cap of the firm is $906.53 billion, with a 36.26 PE ratio, along with a 1.29 PEG ratio. The moving average price of the company over a period of 50 days is $300.49, with the moving average price of the company over 200 days set at $277.89.
