LinkedIn Corporation (NYSE:LNKD) : 5 brokerage houses believe that LinkedIn Corporation (NYSE:LNKD) is a Strong Buy at current levels. 26 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on LinkedIn Corporation (NYSE:LNKD). Zacks Investment Research suggests a Hold with a rank of 3. 1 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 32 Wall Street Analysts endorse the stock as a Hold with a rating of 2.75.
LinkedIn Corporation (NYSE:LNKD) : The most positive equity analysts on LinkedIn Corporation (NYSE:LNKD) expects the shares to touch $300, whereas, the least positive believes that the stock will trade at $130 in the short term. The company is covered by 23 Wall Street Brokerage Firms. The average price target for shares are $197.96 with an expected fluctuation of $38.66 from the mean.
Company shares have received an average consensus rating of Hold for the current week Also, Major Brokerage house, UBS downgrades its ratings on LinkedIn Corporation (NYSE:LNKD). In the latest research report, UBS raises the target price from $175 per share to $196 per share. According to the latest information available, the shares are now rated Neutral by the analysts at the agency. Previously, the analysts had a Buy rating on the shares. The rating by the firm was issued on June 15, 2016.
LinkedIn Corporation (NYSE:LNKD): stock turned positive on Tuesday. Though the stock opened at $189.61, the bulls momentum made the stock top out at $190.02 level for the day. The stock recorded a low of $189.2875 and closed the trading day at $189.5, in the green by 0.03%. The total traded volume for the day was 2,723,472. The stock had closed at $189.44 in the previous days trading.
In an insider trading activity, The officer (SVP, Global Solutions), of Linkedin Corp, Gamson Michael had unloaded 3,226 shares at $191.38 per share in a transaction on June 16, 2016. The total value of transaction was $617,392. The Insider information was revealed by 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.