Google Rating Reiterated by Deutsche Bank (GOOG)
Google (NASDAQ:GOOG)‘s stock had its “buy” rating reaffirmed by stock analysts at Deutsche Bank in a report issued on Sunday, StockRatingsNetwork reports. They currently have a $625.00 price objective on the stock. Deutsche Bank’s price objective indicates a potential upside of 16.86% from the company’s current price.
Shares of Google (NASDAQ:GOOG) traded up 1.17% during mid-day trading on Friday, hitting $534.81. The stock had a trading volume of 2,359,421 shares. Google has a 52-week low of $518.46 and a 52-week high of $604.83. The stock has a 50-day moving average of $548.6 and a 200-day moving average of $548.6. The company has a market cap of $360.7 billion and a price-to-earnings ratio of 27.70.
In other Google news, Director Shirley M. Tilghman sold 2,000 shares of Google stock on the open market in a transaction that occurred on Monday, April 21st. The shares were sold at an average price of $532.98, for a total value of $1,065,960.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
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