BMO Capital Reaffirms Their Buy Rating on Ebay


BMO Capital analyst Daniel Salmon reiterated a Buy rating on Ebay (NASDAQ: EBAY) today and set a price target of $53. The company’s shares opened today at $34.11, close to its 52-week low of $33.93.

According to TipRanks.com, Salmon is a 5-star analyst with an average return of 18.6% and a 74.1% success rate. Salmon covers the Services sector, focusing on stocks such as 21st Century Fox, Pandora Media, and MDC Partners.

Ebay has an analyst consensus of Moderate Buy, with a price target consensus of $47.45, which is a 39.1% upside from current levels. In a report issued on July 11, D.A. Davidson also maintained a Buy rating on the stock with a $55 price target.

.

See today’s analyst top recommended stocks >>

The company has a one-year high of $46.99 and a one-year low of $33.93. Currently, Ebay has an average volume of 9.56M.

Based on the recent corporate insider activity of 122 insiders, corporate insider sentiment is negative on the stock. Most recently, in May 2018, Jae Hyun Lee, the SVP, EMEA of EBAY sold 9,223 shares for a total of $355,068.

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. is 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.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts