Merrill Lynch analyst Justin Post maintained a Hold rating on Ebay (EBAY) today and set a price target of $64.00. The company’s shares closed last Wednesday at $53.25.
According to TipRanks.com, Post is a top 25 analyst with an average return of 28.4% and a 75.4% success rate. Post covers the Technology sector, focusing on stocks such as Uber Technologies, Alphabet Class A, and GoodRx Holdings.
Currently, the analyst consensus on Ebay is a Moderate Buy with an average price target of $63.00, implying a 19.2% upside from current levels. In a report issued on October 15, Morgan Stanley also maintained a Hold rating on the stock with a $62.00 price target.
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Ebay’s market cap is currently $37.27B and has a P/E ratio of 8.10. The company has a Price to Book ratio of -18.16.
Based on the recent corporate insider activity of 106 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of EBAY in relation to earlier this year. Most recently, in August 2020, Brian Doerger, the VP & CAO of EBAY sold 23,400 shares for a total of $1,272,834.
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. operates as 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 and StubHub. The Marketplace platform include online marketplace located at www.ebay.com, its localized counterparts and the eBay mobile apps. The Classified platform focuses in collection of brands such as mobile.de, Kijiji, Gumtree, Marktplaats, eBay Kleinanzeigen and others. The StubHub platform gives online ticket platform located at www.stubhub.com, its localized counterparts and the StubHub mobile apps. The company was founded by Pierre M. Omidyar in September 1995 and is headquartered in San Jose, CA.
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