Facebook (FB) Receives ‘Analyst’ Rating

Facebook (FB) : Zacks Investment Research ranks Facebook (FB) as 1, which is a Strong Buy recommendation. 25 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 4 other analysts are mildly bullish on the stock and favor a Buy. A total of 2 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 31 research analysts is 1.26, which indicates as a Strong Buy.

Facebook (FB) : 30 Wall Street analysts covering Facebook (FB) believe that the average level the stock could reach for the short term is $155.73. The maximum price target given is $185 and the minimum target for short term is around $126, hence the standard deviation is calculated at $12.62.


Also, Brokerage firm Morgan Stanley maintains its rating on Facebook (NASDAQ:FB). As per the latest information, the brokerage house raises the price target to $160 per share from a prior target of $150. The shares have been rated Overweight. The rating by the firm was issued on September 7, 2016.

Facebook (NASDAQ:FB): After opening at $127.98, the stock dipped to an intraday low of $127.67 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $129.1 and the buying power remained strong till the end. The stock closed at $128.35 for the day, a gain of 0.45% for the day session. The total traded volume was 15,111,838. The stocks close on the previous trading day was $127.77.

Facebook, Inc. is a social networking company. The Company is engaged in developing products that enables users to connect and share through mobile devices and personal computers. It offers various services focused on people, marketers and developers. It offers various platforms for people to share their opinions, ideas, photos and videos, and to engage in other activities. Its products include Facebook, Instagram, Messenger and WhatsApp. The Facebook mobile app and Website enables people to connect, share, discover and communicate with each other on mobile devices and personal computers. Its Messenger is a mobile-to-mobile messaging application available on iOS and Android phones. Instagram is a mobile application and Website that enables people to take photos or videos, and share them with friends and followers. WhatsApp Messenger is a cross-platform mobile messaging application and allows people to exchange messages on iOS, Android, BlackBerry, Windows Phone and Nokia devices.

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