Amazon.com (AMZN) has an average broker rating of 1.23, which is interpreted as a Strong Buy, as rated by 30 equity analysts. Nonetheless, 25 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 3 other analysts advise a Buy. Nevertheless, the majority of 2 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 1, which is also a Strong Buy.
Amazon.com (AMZN) : 29 Wall Street analysts covering Amazon.com (AMZN) believe that the average level the stock could reach for the short term is $792.14. The maximum price target given is $930 and the minimum target for short term is around $575, hence the standard deviation is calculated at $81.82.
Amazon.com (NASDAQ:AMZN): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $725.71 and $722.58 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $737.77. The buying momentum continued till the end and the stock did not give up its gains. It closed at $737.61, notching a gain of 1.31% for the day. The total traded volume was 3,938,249 . The stock had closed at $728.10 on the previous day.
Also, Maxim Group initiates coverage on Amazon.com (NASDAQ:AMZN).The analysts at the brokerage house have a current rating of Buy on the shares. In a recent information released to the investors, Maxim Group announces the price target of $825 per share. The rating by the firm was issued on June 23, 2016. The company shares have rallied 69.44% from its 1 Year high price. On Jun 6, 2016, the shares registered one year high at $728.11 and the one year low was seen on Jul 8, 2015. The 50-Day Moving Average price is $713.75 and the 200 Day Moving Average price is recorded at $627.85.
Amazon.com, Inc. (Amazon.com) is an e-commerce company. The Company sells a range of products and services through its Websites. The Companys products are offered through consumer-facing Websites, which include merchandise and content that it purchases for resale from vendors and those offered by third-party sellers. It designs its Websites to enable products to be sold by the Company and by third parties across various product categories. It also manufactures and sells electronic devices, including Kindle e-readers, Fire tablets, Fire TVs, Echo and Fire phones. Amazon.com operates in two segments: North America and International. The North America segment focuses on retail sales earned through North America-focused Websites. The International segment focuses on the Companys operations done through its international Websites. It serves developers and enterprises through Amazon Web Services (AWS). It serves authors and independent publishers with Kindle Direct Publishing.