eBay (EBAY) Receives Price Target

eBay (EBAY) : Average target price received by eBay (EBAY) is $30.39 with an expected standard deviation of $3.14. The most aggressive target on the stock is $36, whereas the most downbeat target is $24. 28 financial analysts are currently covering the stock.

eBay (EBAY) has an average broker rating of 2.51, which is interpreted as a Hold, as rated by 23 equity analysts. Nonetheless, 6 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 14 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 3, which is also a Hold. 2 considers that the stock is a Sell.


Also, Major Brokerage house, Morgan Stanley maintains its ratings on eBay (NASDAQ:EBAY). In the latest research report, Morgan Stanley raises the target price from $22.5 per share to $24 per share. According to the latest information available, the shares are now rated Underweight by the analysts at the agency. The rating by the firm was issued on July 21, 2016.

eBay (NASDAQ:EBAY): The stock opened at $32.15 on Thursday but the bulls could not build on the opening and the stock topped out at $32.24 for the day. The stock traded down to $31.88 during the day, due to lack of any buying support eventually closed down at $32.13 with a loss of -0.09% for the day. The stock had closed at $32.16 on the previous day. The total traded volume was 6,808,376 shares.

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.

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