New York: Alphabet Inc (NASDAQ:GOOGL) Stock Has Just Had Its “Buy” Rating Reiterated by Aegis Capital. Shares now Have a $1360.0000 Target

May 18, 2018 - By Jimmy Baldridge

Alphabet Inc. (NASDAQ:GOOGL) Logo

Alphabet Inc (NASDAQ:GOOGL) Rating Reaffirmed

In an analyst note revealed to investors this morning, Aegis Capital reconfirmed their “Buy” rating on Alphabet Inc (NASDAQ:GOOGL) shares. The target price per share gives a possible upside of 25.78 % from firm’s last stock close.

Alphabet Inc. (NASDAQ:GOOGL) Ratings Coverage

Among 23 analysts covering Alphabet (NASDAQ:GOOGL), 19 have Buy rating, 0 Sell and 4 Hold. Therefore 83% are positive. Alphabet has $1475.0 highest and $105000 lowest target. $1259.27’s average target is 16.46% above currents $1081.26 stock price. Alphabet had 39 analyst reports since December 6, 2017 according to SRatingsIntel. The rating was maintained by SunTrust on Friday, January 12 with “Buy”. Morgan Stanley maintained the stock with “Overweight” rating in Tuesday, April 10 report. As per Friday, February 2, the company rating was maintained by BMO Capital Markets. The stock has “Outperform” rating by Credit Suisse on Friday, April 20. As per Wednesday, April 11, the company rating was reinitiated by Monness. KeyBanc Capital Markets maintained it with “Buy” rating and $1280.0 target in Thursday, January 18 report. The stock has “Buy” rating by Credit Suisse on Monday, January 8. The rating was maintained by UBS on Friday, February 2 with “Buy”. The stock of Alphabet Inc. (NASDAQ:GOOGL) earned “Buy” rating by Susquehanna on Friday, February 2. Canaccord Genuity maintained it with “Hold” rating and $105000 target in Tuesday, April 24 report.

The stock decreased 0.26% or $2.83 during the last trading session, reaching $1081.26. About 1.00 million shares traded. Alphabet Inc. (NASDAQ: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: Nasdaq.com which released: “How Netflix, Inc. Uses Big Data to Grow Sales and Shareholder Value” on May 17, 2018, also 247Wallst.com with their article: “What to Expect When Alphabet Reports After the Close” published on April 23, 2018, Investorplace.com published: “The Fight for AI Dominance Could Make or Break Alphabet Inc Stock” on May 16, 2018. More interesting news about Alphabet Inc. (NASDAQ:GOOGL) were released by: Investorplace.com and their article: “3 Reasons Alphabet Inc Stock Will Rally 20% from Here” published on May 10, 2018 as well as Nasdaq.com‘s news article titled: “3 Stocks to Watch on Friday: Alphabet Inc (GOOG, GOOGL), Nektar Therapeutics (NKTR) and Solaredge Technologies …” with publication date: May 11, 2018.

Alphabet Inc. (NASDAQ:GOOGL) Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: