After Loop Capital Markets and Monness gave Amazon.com Inc. (NASDAQ: AMZN) a Buy rating last month, the company received another Buy, this time from Tigress Financial. Analyst Ivan Feinseth reiterated a Buy rating on Amazon.com Inc. today. The company’s shares opened today at $1898.53.
According to TipRanks.com, Feinseth is a top 100 analyst with an average return of 16.8% and a 69.9% success rate. Feinseth covers the Consumer Goods sector, focusing on stocks such as Cisco Systems Inc, Garmin Ltd, and Apple Inc.
Amazon.com Inc. has an analyst consensus of Strong Buy, with a price target consensus of $2281.96, a 20.2% upside from current levels. In a report issued on July 15, Loop Capital Markets also maintained a Buy rating on the stock with a $2380 price target.
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Amazon.com Inc.’s market cap is currently $941.6B and has a P/E ratio of 79.35. The company has a Price to Book ratio of 17.81.
Based on the recent corporate insider activity of 70 insiders, corporate insider sentiment is negative on the stock.
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.
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