LinkedIn Corporation (LNKD) : Zacks Investment Research ranks LinkedIn Corporation (LNKD) as 1, which is a Strong Buy recommendation. 4 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 26 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 31 research analysts is 2.81, which indicates as a Hold.
LinkedIn Corporation (LNKD) : The highest level LinkedIn Corporation (LNKD) is projected to reach is $300 for the short term and the lowest estimate is at $130. The consolidated price target from 22 rating analysts who initiate coverage on the stock is $200.64 and the possibility the share price can swing is $37.32.
Company shares have received an average consensus rating of Hold for the current week LinkedIn Corporation (NYSE:LNKD): The stock opened at $191.92 on Thursday but the bulls could not build on the opening and the stock topped out at $192.00 for the day. The stock traded down to $191.76 during the day, due to lack of any buying support eventually closed down at $191.80 with a loss of -0.10% for the day. The stock had closed at $192.00 on the previous day. The total traded volume was 900,811 shares.
In a related news,The officer (SVP, Global Solutions) of Linkedin Corp, Gamson Michael sold 2,596 shares at $189.36 on July 18, 2016. The Insider selling transaction had a total value worth of $491,579. 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.