In a report released today, Laura Martin from Needham maintained a Hold rating on Facebook (FB). The company’s shares closed last Thursday at $158.19.
According to TipRanks.com, Martin is a 5-star analyst with an average return of 14.6% and a 58.3% success rate. Martin covers the Services sector, focusing on stocks such as Nielsen Holdings, World Wrestling, and Walt Disney.
Facebook has an analyst consensus of Strong Buy, with a price target consensus of $235.88.
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Facebook’s market cap is currently $454.9B and has a P/E ratio of 25.90. The company has a Price to Book ratio of 5.84.
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Facebook, Inc. operates as a social networking company worldwide. The company engages in the development of social media applications for people to connect through mobile devices, personal computers, and other surfaces. It enables users to share opinions, ideas, photos, videos, and other activities online. The firm’s products include Facebook, Instagram, Messenger, WhatsApp, and Oculus. The company was founded by Mark Elliot Zuckerberg, Dustin Moskovitz, Chris R. Hughes, Andrew McCollum, and Eduardo P. Saverin on February 4, 2004 and is headquartered in Menlo Park, CA.
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