Deutsche Bank Maintains eBay Inc to Hold with Price Target $30.00

Brokerage firm Deutsche Bank Maintains its rating on eBay Inc(NASDAQ:EBAY). In a research note issued to the investors, the brokerage major Raises the price-target to $30.00 per share. The shares have been rated Hold. The rating by Deutsche Bank was issued on Jul 21, 2016.

In a different note, Maxim Group said it Initiates Coverage on eBay Inc, according to a research note issued on Jun 23, 2016. The shares have been rated ‘Buy’ by the firm. On Apr 27, 2016, Benchmark said it Maintains its rating on eBay Inc. In the research note, the firm Raises the price-target to $28.00 per share. The shares have been rated ‘Buy’ by the firm. On Apr 27, 2016, Jefferies said it Maintains its rating on eBay Inc. In the research note, the firm Raises the price-target to $5.00 per share. The shares have been rated ‘Hold’ by the firm. On Apr 26, 2016, Citigroup said it Maintains its rating on eBay Inc. In the research note, the firm Raises the price-target to $32.00 per share. The shares have been rated ‘Buy’ by the firm.

eBay Inc (EBAY) made into the market gainers list on Wednesdays trading session with the shares advancing 1.85% or 0.49 points. Due to strong positive momentum, the stock ended at $26.99, which is also near the day’s high of $27.14. The stock began the session at $26.61 and the volume stood at 2,71,70,100 shares. The 52-week high of the shares is $29.83 and the 52 week low is $21.515. The company has a current market capitalization of $31,009 M and it has 1,14,89,04,240 shares in outstanding.

eBay Inc(EBAY) last announced its earnings results on Apr 26, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $2.14B. Analysts had an estimated revenue of $2.08B. Earnings per share were $0.47. Analysts had estimated an EPS of $0.45.

Several Insider Transactions has been reported to the SEC. On Jun 1, 2016, Raymond J Pittman (SVP, Chief Product Officer) sold 25,000 shares at $24.24 per share price.Also, On May 24, 2016, Brian J. Doerger (VP, Chief Accounting Officer) sold 14,474 shares at $24.08 per share price.On May 3, 2016, Kristin A Yetto (SVP, Chief People Officer) sold 10,630 shares at $24.11 per share price, according to the Form-4 filing with the securities and exchange commission.

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 Company’s segments include Marketplaces and Payments. The Company’s 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 Company’s 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 PayPal’s 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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