eBay (EBAY) : 23 analysts are covering eBay (EBAY) and their average rating on the stock is 2.55, which is read as a Hold. 6 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. 2 more analyst has given the stock a Sell recommendation. A total of 15 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
eBay (EBAY) : The highest short term price target forecast on eBay (EBAY) is $36 and the lowest target price is $24. A total of 27 equity analysts are currently covering the company. The average price of all the analysts is $30.22 with a standard deviation of $3.07.
Company shares have received an average consensus rating of Hold for the current week Also, Equity Analysts at the Morgan Stanley maintains the rating on eBay (NASDAQ:EBAY). The brokerage firm has issued a Underweight rating on the shares. The Analysts at the ratings agency raises the price target from $22.5 per share to $24 per share. The rating by the firm was issued on July 21, 2016.
eBay (NASDAQ:EBAY): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $30.80 and $30.74 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $31.04. The buying momentum continued till the end and the stock did not give up its gains. It closed at $30.95, notching a gain of 0.52% for the day. The total traded volume was 7,370,539 . The stock had closed at $30.79 on the previous day.
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 ebay.com 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, dba.dk, eBay Classifieds (eBay Classifieds, eBay Kleinanzeigen and eBay Annunci), Gumtree, Kijiji, iBazar, 2dehands.be, 2ememain.be, LoQUo, Marktplaats.nl and mobile.de. 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.