In a report issued on November 29, Youssef Squali from SunTrust Robinson reiterated a Hold rating on Ebay (EBAY – Research Report), with a price target of $40.00. The company’s shares closed last Monday at $35.52.
According to TipRanks.com, Squali is a top 100 analyst with an average return of 28.1% and a 72.0% success rate. Squali covers the Technology sector, focusing on stocks such as IAC/InterActiveCorp, ANGI Homeservices, and Uber Technologies.
Ebay has an analyst consensus of Moderate Buy, with a price target consensus of $41.64, which is a 16.7% upside from current levels. In a report issued on November 25, Stifel Nicolaus also maintained a Hold rating on the stock with a $42.00 price target.
Ebay’s market cap is currently $28.9B and has a P/E ratio of 16.14. The company has a Price to Book ratio of 8.90.
Based on the recent corporate insider activity of 96 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of EBAY in relation to earlier this year.
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.
eBay, Inc. operates as a commerce company, which engages in the provision of investments and acquisitions to help enable commerce on platforms for buyers and sellers online or on mobile devices. It operates throught the following platforms: Marketplace; Classifieds; StubHub, Corporate, and Others.