After KeyBanc and Guggenheim gave Amazon.com Inc. (NASDAQ: AMZN) a Buy rating last month, the company received another Buy, this time from Tigress Financial. Analyst Ivan Feinseth reiterated a Buy rating on Amazon.com Inc. today. The company’s shares opened today at $1835.89.
According to TipRanks.com, Feinseth is a 5-star analyst with an average return of 15.6% and a 66.2% success rate. Feinseth covers the Consumer Goods sector, focusing on stocks such as Dolby Laboratories, Campbell Soup, and USANA Health.
Amazon.com Inc. has an analyst consensus of Strong Buy, with a price target consensus of $2226.88, implying a 21.3% upside from current levels. In a report issued on May 15, Cowen & Co. also reiterated a Buy rating on the stock with a $2400 price target.
Amazon.com Inc.’s market cap is currently $893.2B and has a P/E ratio of 75.80. The company has a Price to Book ratio of 18.45.
Based on the recent corporate insider activity of 68 insiders, corporate insider sentiment is negative on the stock.
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