Amazon.com (NASDAQ:AMZN) : 29 Wall Street analysts covering Amazon.com (NASDAQ:AMZN) believe that the average level the stock could reach for the short term is $792.14. The maximum price target given is $930 and the minimum target for short term is around $575, hence the standard deviation is calculated at $81.82.
Amazon.com, Inc. has lost 0.89% in the last five trading days and dropped 0.53% in the last 4 weeks. Amazon.com, Inc. is up 19.57% in the last 3-month period. Year-to-Date the stock performance stands at 5.88%. Also, Maxim Group initiates coverage on Amazon.com (NASDAQ:AMZN) The brokerage firm has issued a Buy rating on the shares. The Analysts at the ratings agency announces the price target to $825 per share. The rating by the firm was issued on June 23, 2016.
Amazon.com (NASDAQ:AMZN) has an average broker rating of 1.29, which is interpreted as a Strong Buy, as rated by 31 equity analysts. Nonetheless, 25 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 3 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 1, which is also a Strong Buy.
Amazon.com (NASDAQ:AMZN): The stock was completely flat for the day, closing at $715.62 on Thursday. The flat closing masks the intraday volatility in the stock. After opening at $717.20, the stock touched an intraday high of $719.37 and a low of $712.54. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $715.60. The total trading volume on Thursday was 2,855,142.
In an insider trading activity, The Securities and Exchange Commission has divulged that Stonesifer Patricia Q, director of Amazon Com Inc, had unloaded 6,250 shares at an average price of $725.93 in a transaction dated on June 6, 2016. The total value of the transaction was worth $4,537,063.
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.