Amazon.com (NASDAQ:AMZN) stock is expected to deviate a maximum of $84.45 from the average target price of $789.89 for the short term period. 27 Street Experts have initiated coverage on the stock with the most promising target being $930 and the most muted being $575.
Other Equity analysts have also commented on the company shares. KeyBanc maintains their rating on the shares of Amazon.com (NASDAQ:AMZN). The current rating of the shares is Overweight. Equity Analysts at the Firm raises the price target to $820 per share from $800 per share. The rating by the firm was issued on June 16, 2016.
Amazon.com (NASDAQ:AMZN): stock turned positive on Thursday. Though the stock opened at $715.5, the bulls momentum made the stock top out at $722.12 level for the day. The stock recorded a low of $712.5 and closed the trading day at $722.08, in the green by 1.62%. The total traded volume for the day was 2,824,974. The stock had closed at $710.6 in the previous days trading.
The company shares have rallied 61.46% from its 1 Year high price. On Jun 6, 2016, the shares registered one year high at $731.50 and the one year low was seen on Jul 7, 2015. The 50-Day Moving Average price is $708.59 and the 200 Day Moving Average price is recorded at $625.52. On the companys insider trading activities, Stonesifer Patricia Q, director of Amazon Com Inc, unloaded 6,250 shares at an average price of $725.93 on June 6, 2016. The total amount of the transaction was worth $4,537,063, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Amazon.com, Inc. (Amazon.com) is an e-commerce company. The Company sells a range of products and services through its Websites. The Companys products are offered through consumer-facing Websites, which include merchandise and content that it purchases for resale from vendors and those offered by third-party sellers. It designs its Websites to enable products to be sold by the Company and by third parties across various product categories. It also manufactures and sells electronic devices, including Kindle e-readers, Fire tablets, Fire TVs, Echo and Fire phones. Amazon.com operates in two segments: North America and International. The North America segment focuses on retail sales earned through North America-focused Websites. The International segment focuses on the Companys operations done through its international Websites. It serves developers and enterprises through Amazon Web Services (AWS). It serves authors and independent publishers with Kindle Direct Publishing.