eBay Now Covered by JMP Securities (EBAY)
JMP Securities initiated coverage on shares of eBay (NASDAQ: EBAY) in a research report sent to investors on Tuesday morning, TheFlyOnTheWall.com reports. The firm issued an outperform rating on the stock.
A number of other analysts have also recently weighed in on EBAY. Analysts at Cantor Fitzgerald upgraded shares of eBay from a hold rating to a buy rating in a research note to investors on Tuesday. They now have a $56.00 price target on the stock. Separately, analysts at Argus reiterated a buy rating on shares of eBay in a research note to investors on Monday. They now have a $65.00 price target on the stock. Finally, analysts at Evercore Partners upgraded shares of eBay from an equal weight rating to an overweight rating in a research note to investors on Thursday, March 14th. They now have a $64.00 price target on the stock.
Nine research analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of Buy and an average target price of $57.97.
Shares of eBay (NASDAQ: EBAY) opened at 52.42 on Tuesday. eBay has a one year low of $35.31 and a one year high of $57.27. The stock’s 50-day moving average is currently $54.56. The company has a market cap of $67.963 billion and a P/E ratio of 26.34.
eBay Inc. is a global technology company that enables commerce through three reportable segments: Marketplaces, Payments, and GSI.
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