25.45 % to Target, Aegis Capital Reconfirms ‘Buy’ Rating on Alphabet A (GOOGL) Shares Today

May 17, 2018 - By Jason Grubb

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Alphabet A (GOOGL) Rating Reaffirmed

Aegis Capital now has a $1360.0 TP on the $749.00 billion market cap company or 25.45 % upside potential. In analysts report made public on Thursday, 17 May, Alphabet A (GOOGL) shares have had their Buy Rating maintained by analysts at Aegis Capital.

The stock decreased 0.26% or $2.83 during the last trading session, reaching $1081.26. About 1.00 million shares traded. Alphabet Inc. (GOOGL) has risen 20.09% since May 18, 2017 and is uptrending. It has outperformed by 8.54% the S&P500.

Analysts await Alphabet Inc. (NASDAQ:GOOGL) to report earnings on July, 23. They expect $9.73 earnings per share, up 94.21 % or $4.72 from last year’s $5.01 per share. GOOGL’s profit will be $6.74 billion for 27.78 P/E if the $9.73 EPS becomes a reality. After $9.93 actual earnings per share reported by Alphabet Inc. for the previous quarter, Wall Street now forecasts -2.01 % negative EPS growth.

Alphabet Inc., through its subsidiaries, provides online advertising services in the United States, the United Kingdom, and rest of the world. The company has market cap of $749.00 billion. The firm offers performance and brand advertising services. It has a 60.08 P/E ratio. It operates through Google and Other Bets divisions.

More notable recent Alphabet Inc. (NASDAQ:GOOGL) news were published by: Thestreet.com which released: “Waymo Makes Alphabet One of the Best Tech Stocks to Buy” on May 15, 2018, also Nasdaq.com with their article: “How Netflix, Inc. Uses Big Data to Grow Sales and Shareholder Value” published on May 17, 2018, Nasdaq.com published: “3 Stocks to Watch on Friday: Alphabet Inc (GOOG, GOOGL), Nektar Therapeutics (NKTR) and Solaredge Technologies …” on May 11, 2018. More interesting news about Alphabet Inc. (NASDAQ:GOOGL) were released by: Benzinga.com and their article: “Walmart Slated To Report Earnings Before Thursday’s Open” published on May 15, 2018 as well as Seekingalpha.com‘s news article titled: “Alphabet Beats, Opportunity Spikes” with publication date: April 27, 2018.

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