Price Target Update on eBay (NASDAQ:EBAY)

eBay (NASDAQ:EBAY) : The highest level eBay (NASDAQ:EBAY) is projected to reach is $34 for the short term and the lowest estimate is at $24. The consolidated price target from 24 rating analysts who initiate coverage on the stock is $28.13 and the possibility the share price can swing is $3.05.

Other Equity analysts have also commented on the company shares. Benchmark maintains its view on eBay (NASDAQ:EBAY) according to the research report released by the firm to its investors. The shares have now been rated Buy by the stock experts at the ratings house. Benchmark raises the price target from $28 per share to $29 per share on eBay . The rating by the firm was issued on April 27, 2016.

eBay (NASDAQ:EBAY): stock turned positive on Thursday. Though the stock opened at $24.69, the bulls momentum made the stock top out at $24.95 level for the day. The stock recorded a low of $24.6 and closed the trading day at $24.85, in the green by 2.10%. The total traded volume for the day was 9,485,432. The stock had closed at $24.34 in the previous days trading.

The company shares have dropped -6.12% from its 1 Year high price. On Dec 1, 2015, the shares registered one year high at $29.83 and the one year low was seen on Feb 8, 2016. The 50-Day Moving Average price is $23.98 and the 200 Day Moving Average price is recorded at $24.76. On the companys insider trading activities, The Securities and Exchange Commission has divulged that Pittman Raymond J, officer (SVP, Chief Product Officer) of Ebay Inc, had unloaded 25,000 shares at an average price of $24.24 in a transaction dated on May 27, 2016. The total value of the transaction was worth $606,000.

eBay Inc.(eBay) is a global technology company. The Company has created an open source platform that provides software developers and merchants access to its applications programming interfaces (APIs) to develop software and solutions for commerce. The Companys segments include Marketplaces and Payments. The Companys Marketplaces segment includes its platform and its localized counterparts, as well as other online platforms, such as its online classifieds sites and StubHub. The Companys Payments segment consists of its PayPal business. Its classifieds Websites include alaMaula, BilBasen,, eBay Classifieds (eBay Classifieds, eBay Kleinanzeigen and eBay Annunci), Gumtree, Kijiji, iBazar,,, LoQUo, and It also offers trust and safety programs, including PayPals Seller Protection and Purchase Protection Programs, through its PayPal. It offers mobile applications for iPhone, iPad, Android and Windows mobile devices.

One Response

  1. PhilipCohen June 25, 2016

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