Google Given New $700.00 Price Target at Jefferies Group (GOOG)
Jefferies Group raised their price objective on shares of Google (NASDAQ:GOOG) from $650.00 to $700.00 in a research note issued on Tuesday, AmericanBankingNews.com reports. The firm currently has a “buy” rating on the stock. Jefferies Group’s price objective would suggest a potential upside of 31.45% from the company’s current price.
Google (NASDAQ:GOOG) opened at 532.52 on Tuesday. Google has a one year low of $526.53 and a one year high of $604.83. The stock has a 50-day moving average of $552.5 and a 200-day moving average of $552.5. The company has a market cap of $357.9 billion and a price-to-earnings ratio of 28.01.
Google Inc (NASDAQ:GOOG), is a global technology company.
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