Analyst Rating Update on Netflix (NFLX)

Netflix (NFLX) has an average broker rating of 2.25, which is interpreted as a Buy, as rated by 32 equity analysts. Nonetheless, 14 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 3 other analysts advise a Buy. Nevertheless, the majority of 11 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 3 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company. 1 considers that the stock is a Sell.

Netflix (NFLX) : Currently there are 29 street experts covering Netflix (NFLX) stock. The most bullish and bearish price target for the stock is $139 and $50 respectively for the short term. The average price target of all the analysts comes to $107.1. The estimated standard deviation from the target is $21.3.

Company shares have received an average consensus rating of Hold for the current week Also, Major Brokerage house, JP Morgan maintains its ratings on Netflix (NASDAQ:NFLX). In the latest research report, JP Morgan lowers the target price from $125 per share to $116 per share. According to the latest information available, the shares are now rated Overweight by the analysts at the agency. The rating by the firm was issued on July 19, 2016.


Netflix (NASDAQ:NFLX): The stock opened at $93.28 on Wednesday but the bulls could not build on the opening and the stock topped out at $94.67 for the day. The stock traded down to $92.55 during the day, due to lack of any buying support eventually closed down at $93.10 with a loss of -0.49% for the day. The stock had closed at $93.56 on the previous day. The total traded volume was 7,028,839 shares.

Netflix, Inc. is a provider of Internet television network. The Company has over 57 million streaming members in over 50 countries. Its members can watch more than two billion hours of television (TV) shows and movies per month, including original series, documentaries and feature films on Internet-connected screen. The Company has three operating segments: Domestic streaming, International streaming and Domestic DVD. The Domestic and International streaming segments derive revenues from monthly membership fees for services consisting of streaming content. The Domestic DVD segment derives revenues from monthly membership fees for services consisting of DVD-by-mail. Its members can play, pause and resume watching, all without commercials or commitments. Additionally, in the United States, its members can receive DVDs to their homes. The Company offers streaming service both domestically and internationally.

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