LinkedIn Corp. Rating Reiterated by TheStreet (LNKD)
LinkedIn Corp. (NYSE:LNKD)‘s stock had its “sell” rating restated by analysts at TheStreet in a research report issued to clients and investors on Friday, Stock Ratings Network.com reports.
The analysts wrote, “LinkedIn (LNKD) has been reiterated by TheStreet Ratings as a sell with a ratings score of D+. The company’s weaknesses can be seen in multiple areas, such as its unimpressive growth in net income and disappointing return on equity.”
A number of other firms have also recently commented on LNKD. Analysts at Citigroup Inc. reiterated a “neutral” rating on shares of LinkedIn Corp. in a research note to investors on Thursday. Separately, analysts at BMO Capital Markets upgraded shares of LinkedIn Corp. from a “market perform” rating to an “outperform” rating in a research note to investors on Friday, December 6th. They now have a $270.00 price target on the stock, up previously from $235.00. Finally, analysts at Zacks reiterated a “neutral” rating on shares of LinkedIn Corp. in a research note to investors on Monday, December 2nd. They now have a $235.00 price target on the stock. One research analyst has rated the stock with a sell rating, seventeen have assigned a hold rating and seventeen have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $241.79.
LinkedIn Corp. (NYSE:LNKD) opened at 208.20 on Friday. LinkedIn Corp. has a 1-year low of $109.80 and a 1-year high of $257.56. The stock’s 50-day moving average is $222.4 and its 200-day moving average is $222.8. The company has a market cap of $24.860 billion and a price-to-earnings ratio of 935.32.
LinkedIn Corp. (NYSE:LNKD) last issued its quarterly earnings data on Tuesday, October 29th. The company reported $0.39 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.32 by $0.07. The company had revenue of $393.00 million for the quarter, compared to the consensus estimate of $385.57 million. During the same quarter in the prior year, the company posted $0.22 earnings per share. The company’s quarterly revenue was up 56.0% on a year-over-year basis.
LinkedIn Corporation (NYSE:LNKD) is a professional network on the Internet with more than 238 million members in over 200 countries and territories.
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