Google Receives Average Recommendation of “Buy” from Brokerages (NASDAQ:GOOGL)
Shares of Google (NASDAQ:GOOGL) have been given an average recommendation of “Buy” by the forty analysts that are covering the company, Analyst Ratings Net reports. Three research analysts have rated the stock with a hold rating and twenty-four have issued a buy rating on the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $832.92.
Google (NASDAQ:GOOGL) opened at 577.25 on Friday. Google has a one year low of $421.912 and a one year high of $615.055. The stock’s 50-day moving average is $587.2 and its 200-day moving average is $572.4. The company has a market cap of $390.4 billion and a P/E ratio of 29.95.
Google (NASDAQ:GOOGL) last issued its quarterly earnings data on Thursday, July 17th. The company reported $5.09 earnings per share for the quarter, missing the analysts’ consensus estimate of $5.16 by $0.07. On average, analysts predict that Google will post $26.45 earnings per share for the current fiscal year.
GOOGL has been the subject of a number of recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of Google in a research note on Friday. They now have a $600.00 price target on the stock. Finally, analysts at BGC Financial upgraded shares of Google to a “buy” rating in a research note on Friday, July 18th.
Google Inc (NASDAQ:GOOGL) is a global technology company.
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