Amazon.com (AMZN) : 23 brokerage houses believe that Amazon.com (AMZN) is a Strong Buy at current levels. 3 Analyst considers the fundamentals to be worthy of a Buy recommendation. 2 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Amazon.com (AMZN). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 28 Wall Street Analysts endorse the stock as a Strong Buy with a rating of 1.25.
Amazon.com (AMZN) : 28 Wall Street analysts covering Amazon.com (AMZN) believe that the average level the stock could reach for the short term is $860.86. The maximum price target given is $995 and the minimum target for short term is around $670, hence the standard deviation is calculated at $68.41.
For the current week, the company shares have a recommendation consensus of Buy. Also, Major Brokerage house, MKM Partners maintains its ratings on Amazon.com (NASDAQ:AMZN). In the latest research report, MKM Partners raises the target price from $850 per share to $995 per share. According to the latest information available, the shares are now rated Buy by the analysts at the agency. The rating by the firm was issued on August 2, 2016.
Amazon.com (NASDAQ:AMZN): stock was range-bound between the intraday low of $784.33 and the intraday high of $790.79 after having opened at $789.53 on Wednesdays session. The stock finally closed in the red at $789.53, a loss of -0.56%. The stock remained in the red for the whole trading day. The total traded volume was 2,424,622 shares. The stock failed to cross $790.79 in Wednesdays trading. The stocks closing price on Thursday was $788.87.
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.