In a report released yesterday, Douglas Mitchelson from Credit Suisse maintained a Buy rating on Netflix (NFLX), with a price target of $440. The company’s shares closed yesterday at $339.10.
Mitchelson has an average return of 35.1% when recommending Netflix.
According to TipRanks.com, Mitchelson is ranked #327 out of 5111 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Netflix with a $394.06 average price target, which is a 16.2% upside from current levels. In a report issued on January 4, Goldman Sachs also upgraded the stock to Buy with a $400 price target.
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Netflix’s market cap is currently $154B and has a P/E ratio of 121.54. The company has a Price to Book ratio of 29.52.
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