Alphabet (GOOG) – Analysts’ Recent Ratings Updates

Several brokerages have updated their recommendations and price targets on shares of Alphabet (NASDAQ: GOOG) in the last few weeks:

  • 2/12/2018 – Alphabet was upgraded by analysts at Vetr from a “hold” rating to a “buy” rating. They now have a $1,054.53 price target on the stock.
  • 2/5/2018 – Alphabet was downgraded by analysts at BidaskClub from a “strong-buy” rating to a “buy” rating.
  • 2/5/2018 – Alphabet was upgraded by analysts at Vetr from a “strong sell” rating to a “sell” rating. They now have a $1,040.56 price target on the stock.
  • 2/2/2018 – Alphabet was downgraded by analysts at Stifel Nicolaus from a “buy” rating to a “hold” rating. They now have a $1,150.00 price target on the stock.
  • 2/2/2018 – Alphabet had its “overweight” rating reaffirmed by analysts at Piper Jaffray Companies.
  • 2/2/2018 – Alphabet had its “buy” rating reaffirmed by analysts at Robert W. Baird.
  • 2/2/2018 – Alphabet had its “buy” rating reaffirmed by analysts at Royal Bank of Canada.
  • 2/2/2018 – Alphabet had its “buy” rating reaffirmed by analysts at Atlantic Securities.
  • 2/2/2018 – Alphabet had its “neutral” rating reaffirmed by analysts at Morningstar, Inc..
  • 2/2/2018 – Alphabet had its “buy” rating reaffirmed by analysts at Morgan Stanley.
  • 2/2/2018 – Alphabet had its “neutral” rating reaffirmed by analysts at Stifel Nicolaus.
  • 2/2/2018 – Alphabet had its “buy” rating reaffirmed by analysts at Jefferies Group LLC.
  • 2/2/2018 – Alphabet had its “buy” rating reaffirmed by analysts at JPMorgan Chase & Co..
  • 2/1/2018 – Alphabet was downgraded by analysts at TheStreet from an “a” rating to a “c+” rating.
  • 1/30/2018 – Alphabet was upgraded by analysts at Vetr from a “strong sell” rating to a “sell” rating. They now have a $1,040.56 price target on the stock.
  • 1/29/2018 – Alphabet had its “buy” rating reaffirmed by analysts at Deutsche Bank AG.
  • 1/26/2018 – Alphabet had its “buy” rating reaffirmed by analysts at Morgan Stanley.
  • 1/25/2018 – Alphabet had its “buy” rating reaffirmed by analysts at Goldman Sachs Group Inc.
  • 1/19/2018 – Alphabet had its “neutral” rating reaffirmed by analysts at Morningstar, Inc..
  • 1/12/2018 – Alphabet had its price target raised by analysts at SunTrust Banks, Inc. to $1,250.00. They now have a “buy” rating on the stock.
  • 1/12/2018 – Alphabet had its “buy” rating reaffirmed by analysts at Morgan Stanley.
  • 1/11/2018 – Alphabet had its price target raised by analysts at Piper Jaffray Companies from $1,150.00 to $1,300.00. They now have an “overweight” rating on the stock.
  • 1/11/2018 – Alphabet had its “buy” rating reaffirmed by analysts at UBS Group AG.
  • 1/10/2018 – Alphabet was upgraded by analysts at BidaskClub from a “buy” rating to a “strong-buy” rating.
  • 1/10/2018 – Alphabet was downgraded by analysts at Vetr from a “sell” rating to a “strong sell” rating. They now have a $949.65 price target on the stock.
  • 12/28/2017 – Alphabet was downgraded by analysts at Vetr from a “hold” rating to a “sell” rating. They now have a $1,011.69 price target on the stock.
  • 12/26/2017 – Alphabet was upgraded by analysts at Vetr from a “sell” rating to a “hold” rating. They now have a $1,029.94 price target on the stock.
  • 12/20/2017 – Alphabet was downgraded by analysts at Vetr from a “hold” rating to a “sell” rating. They now have a $1,019.04 price target on the stock.

Shares of Alphabet Inc (NASDAQ:GOOG) traded up $14.16 during mid-day trading on Monday, reaching $1,051.94. 2,060,000 shares of the company’s stock traded hands, compared to its average volume of 1,790,000. The company has a market capitalization of $734,000.00, a price-to-earnings ratio of 58.57 and a beta of 1.01. The company has a current ratio of 5.14, a quick ratio of 5.11 and a debt-to-equity ratio of 0.03. Alphabet Inc has a twelve month low of $803.37 and a twelve month high of $1,186.89.

Alphabet (NASDAQ:GOOG) last posted its quarterly earnings results on Thursday, February 1st. The information services provider reported $9.70 earnings per share (EPS) for the quarter, missing the consensus estimate of $10.07 by ($0.37). Alphabet had a net margin of 11.42% and a return on equity of 14.94%. The business had revenue of $32.32 billion during the quarter, compared to the consensus estimate of $31.88 billion. During the same period last year, the firm earned $9.36 EPS. The business’s revenue for the quarter was up 24.0% on a year-over-year basis.

In related news, Director Ann Mather sold 38 shares of the business’s stock in a transaction that occurred on Friday, December 1st. The shares were sold at an average price of $1,015.80, for a total transaction of $38,600.40. Following the completion of the transaction, the director now owns 1,813 shares of the company’s stock, valued at $1,841,645.40. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Sundar Pichai sold 4,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 15th. The shares were sold at an average price of $1,020.69, for a total transaction of $4,082,760.00. Following the transaction, the chief executive officer now directly owns 949 shares of the company’s stock, valued at approximately $968,634.81. The disclosure for this sale can be found here. In the last three months, insiders sold 43,671 shares of company stock worth $45,613,302. Insiders own 13.92% of the company’s stock.

Alphabet Inc is a holding company. The Company’s businesses include Google Inc (Google) and its Internet products, such as Access, Calico, CapitalG, GV, Nest, Verily, Waymo and X. The Company’s segments include Google and Other Bets. The Google segment includes its Internet products, such as Search, Ads, Commerce, Maps, YouTube, Google Cloud, Android, Chrome and Google Play, as well as its hardware initiatives.

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