Truist Financial analyst Youssef Squali maintained a Hold rating on eBay (EBAY – Research Report) today and set a price target of $47.89. The company’s shares closed yesterday at $47.89.
Squali covers the Communication Services sector, focusing on stocks such as Meta Platforms, Cimpress, and IAC/InteractiveCorp.. According to TipRanks, Squali has an average return of 20.0% and a 61.22% success rate on recommended stocks.
Currently, the analyst consensus on eBay is a Hold with an average price target of $49.82, a 4.03% upside from current levels. In a report released yesterday, TD Cowen also assigned a Hold rating to the stock with a $42.00 price target.
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EBAY market cap is currently $24.85B and has a P/E ratio of 9.23.
Based on the recent corporate insider activity of 76 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of EBAY in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
eBay (EBAY) Company Description:
eBay Inc.is one of the world’s largest online marketplaces, connecting buyers and sellers worldwide. Its marketplace platform allows visitors to browse through and buy products listed for sale or auction. The company has business operations across 190 countries.
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