LinkedIn Corporation (NYSE:LNKD) : 23 investment research analysts covering LinkedIn Corporation (NYSE:LNKD) have an average price target of $195.74 for the near short term. The highest target price given by the Brokerage Firm to the stock is $300 and the lowest target is $130 for the short term. Analysts expect the variance to be within $40.21 of the average price.
Other Equity analysts have also commented on the company shares. Equity Analysts at the Brokerage Firm, UBS, downgrades their rating on the shares of LinkedIn Corporation (NYSE:LNKD). UBS has a Neutral rating on the shares. Previously, the analysts had a Buy rating on the shares. As per the latest research report, the brokerage house raises the price target to $196 per share from a prior target of $175. The rating by the firm was issued on June 15, 2016.
LinkedIn Corporation (NYSE:LNKD): stock turned positive on Thursday. Though the stock opened at $190.3, the bulls momentum made the stock top out at $190.57 level for the day. The stock recorded a low of $190.3 and closed the trading day at $190.45, in the green by 0.07%. The total traded volume for the day was 2,959,934. The stock had closed at $190.32 in the previous days trading.
The company shares have dropped -12.65% from its 1 Year high price. On Nov 12, 2015, the shares registered one year high at $258.39 and the one year low was seen on Feb 10, 2016. The 50-Day Moving Average price is $143.69 and the 200 Day Moving Average price is recorded at $152.10. On the companys insider trading activities,The officer (SVP, Global Solutions) of Linkedin Corp, Gamson Michael sold 3,226 shares at $191.38 on June 16, 2016. The Insider selling transaction had a total value worth of $617,392. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
LinkedIn Corporation (LinkedIn) is a professional network on the Internet. The Companys three product lines include Talent Solutions, Marketing Solutions and Premium Subscriptions. All three product lines are sold through two channels, an offline field sales organization, which engages with both large and small enterprise customers, as well as an online, self-serve channel, which includes enterprise customers and individual members purchasing subscriptions. The Companys solutions include Free Solutions and Monetized Solutions. Its Free Solutions includes the service to manage professional identity, service to build and engage with professional networks, access to knowledge, insights and opportunities and ubiquitous access. The Company also provides other solutions, which provide members, enterprises and professional organizations with functionality and additional benefits.