Morgan Stanley analyst Brian Nowak maintained a Hold rating on Ebay (EBAY) today and set a price target of $57.00. The company’s shares closed last Wednesday at $53.25.
According to TipRanks.com, Nowak is a 5-star analyst with an average return of 11.9% and a 69.0% success rate. Nowak covers the Technology sector, focusing on stocks such as Jumia Technologies AG, Zillow Group Class C, and Zillow Group Class A.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ebay with a $63.00 average price target, which is a 19.2% upside from current levels. In a report issued on October 21, BMO Capital also maintained a Hold rating on the stock with a $61.00 price target.
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The company has a one-year high of $61.06 and a one-year low of $26.02. Currently, Ebay has an average volume of 7.78M.
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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