eBay Rating Reiterated by TheStreet (EBAY)
eBay (NASDAQ:EBAY)‘s stock had its “buy” rating reiterated by analysts at TheStreet in a research report issued to clients and investors on Monday, Analyst RN reports.
The analysts wrote, “eBay (EBAY) has been reiterated by TheStreet Ratings as a buy with a ratings score of A-. The company’s strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, growth in earnings per share and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.”
Other equities research analysts have also recently issued reports about the stock. Analysts at Compass Point raised their price target on shares of eBay from $60.00 to $70.00 in a research note to investors on Tuesday, January 7th. They now have a “focus list” rating on the stock. Separately, analysts at Morgan Stanley downgraded shares of eBay from an “overweight” rating to an “equal weight” rating in a research note to investors on Monday, January 6th. They now have a $57.00 price target on the stock, down previously from $58.00. They noted that the move was a valuation call. Finally, analysts at Wedbush raised their price target on shares of eBay from $64.00 to $70.00 in a research note to investors on Tuesday, December 17th. They now have a “top pick” rating on the stock. Nine research analysts have rated the stock with a hold rating, thirty have given a buy rating and two have given a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $61.69.
eBay Inc is a global technology company that enables commerce through three reportable segments: Marketplaces, Payments, and GSI.
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