Amazon.com Inc. (AMZN) Received its Third Buy in a Row

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.

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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.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.