Stifel Nicolaus Maintains Their Hold Rating on Facebook (FB)


In a report released today, Scott Devitt from Stifel Nicolaus maintained a Hold rating on Facebook (FB), with a price target of $155. The company’s shares opened today at $161.57.

According to TipRanks.com, Devitt is a top 100 analyst with an average return of 21.9% and a 70.8% success rate. Devitt covers the Technology sector, focusing on stocks such as Paypal Holdings, Eventbrite Inc, and Alphabet Inc.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Facebook with a $191.06 average price target, which is a 18.3% upside from current levels. In a report released yesterday, Needham also downgraded the stock to Hold with a $169 price target.

See today’s analyst top recommended stocks >>

Facebook’s market cap is currently $458B and has a P/E ratio of 21.33. The company has a Price to Book ratio of 5.48.

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.

Read More on FB:

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts