Oppenheimer analyst Jason Helfstein maintained a Buy rating on Amazon (NASDAQ: AMZN) today and set a price target of $2130. The company’s shares opened today at $1882.22, close to its 52-week high of $1925.
According to TipRanks.com, Helfstein is a top 100 analyst with an average return of 19.4% and a 63.6% success rate. Helfstein covers the Technology sector, focusing on stocks such as Endurance International, ANGI Homeservices Inc, and IAC/InterActiveCorp.
Amazon has an analyst consensus of Strong Buy, with a price target consensus of $2109.48, implying a 12.1% upside from current levels. In a report issued on August 3, Robert W. Baird also maintained a Buy rating on the stock with a $2100 price target.
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Amazon’s market cap is currently $918.7B and has a P/E ratio of 149.36. The company has a Price to Book ratio of 26.19.
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