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Amazon.com (NASDAQ:AMZN)‘s stock had its “overweight” rating reiterated by equities research analysts at Evercore Partners in a research note issued to investors on Friday, American Banking & Market News reports.

AMZN has been the subject of a number of other recent research reports. Analysts at Deutsche Bank downgraded shares of Amazon.com to a “hold” rating in a research note to investors on Tuesday. Separately, analysts at Pacific Crest raised their price target on shares of Amazon.com from $460.00 to $475.00 in a research note to investors on Monday. They now have an “outperform” rating on the stock. Finally, analysts at Zacks upgraded shares of Amazon.com from a “neutral” rating to an “outperform” rating in a research note to investors on Wednesday, January 15th. They now have a $477.00 price target on the stock. Two analysts have rated the stock with a sell rating, eight have given a hold rating, twenty-six have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $414.81.

Amazon.com (NASDAQ:AMZN) traded down 11.00% during mid-day trading on Friday, hitting $358.69. 16,181,519 shares of the company’s stock traded hands. Amazon.com has a one year low of $245.75 and a one year high of $408.06. The stock’s 50-day moving average is $395.2 and its 200-day moving average is $341.4. The company has a market cap of $164.2 billion and a P/E ratio of 1460.18. Amazon.com also was the target of unusually large options trading on Thursday. Stock investors acquired 94,031 call options on the company. This represents an increase of approximately 279% compared to the typical daily volume of 24,791 call options.

Amazon.com (NASDAQ:AMZN) last released its earnings data on Thursday, January 30th. The company reported $0.51 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.67 by $0.16. The company had revenue of $25.59 billion for the quarter, compared to the consensus estimate of $26.06 billion. On average, analysts predict that Amazon.com will post $2.66 earnings per share for the current fiscal year.

Amazon.com, Inc (NASDAQ:AMZN), incorporated on May 28, 1996, serves consumers through its retail websites and focus on selection, price, and convenience.

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