eBay (EBAY) : The consensus on eBay (EBAY) based on 23 analyst recommendation on the company stock is 2.55, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 6 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 15 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 2 analyst also believes that the downside risk to the stock is higher and suggests a Sell on eBay (EBAY).
eBay (EBAY) : Average target price received by eBay (EBAY) is $30.22 with an expected standard deviation of $3.07. The most aggressive target on the stock is $36, whereas the most downbeat target is $24. 27 financial analysts are currently covering the stock.
Company shares have received an average consensus rating of Hold for the current week eBay (NASDAQ:EBAY): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $31.19 and $31.02 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $31.50. The buying momentum continued till the end and the stock did not give up its gains. It closed at $31.20, notching a gain of 0.26% for the day. The total traded volume was 5,910,449 . The stock had closed at $31.12 on the previous day.
In a related news,The officer (SVP, Asia Pacific) of Ebay Inc, Lee Jae Hyun sold 3,222 shares at $31.53 on July 27, 2016. The Insider selling transaction had a total value worth of $101,590. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
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.