Credit Suisse analyst Stephen Ju maintained a Buy rating on Ebay (NASDAQ: EBAY) today and set a price target of $58. The company’s shares closed on Friday at $37.61.
According to TipRanks.com, Ju is a top 100 analyst with an average return of 23.8% and a 76.8% success rate. Ju covers the Technology sector, focusing on stocks such as Activision Blizzard, Alphabet Inc, and Mercadolibre.
Ebay has an analyst consensus of Moderate Buy, with a price target consensus of $52.59, implying a 39.8% 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.
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The company has a one-year high of $46.99 and a one-year low of $33.95. Currently, Ebay has an average volume of 8.92M.
Based on the recent corporate insider activity of 120 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.
