Barclays analyst Trevor Young maintained a Hold rating on Etsy (ETSY – Research Report) yesterday and set a price target of $67.00. The company’s shares closed yesterday at $77.13.
Young covers the Consumer Cyclical sector, focusing on stocks such as Chewy, Airbnb, and Expedia. According to TipRanks, Young has an average return of -5.0% and a 53.37% success rate on recommended stocks.
In addition to Barclays, Etsy also received a Hold from KeyBanc’s Noah Zatzkin in a report issued today. However, on the same day, JMP Securities maintained a Buy rating on Etsy (NASDAQ: ETSY).
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ETSY market cap is currently $9.09B and has a P/E ratio of 32.30.
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Etsy (ETSY) Company Description:
Etsy, Inc. is an online marketplace for buyers and sellers, and operates in the United States, Canada, the United Kingdom, France, Germany and Australia. It mainly focuses on handmade or vintage items and craft supplies that include unique jewelry, on-trend clothing, bags, toys, art, home decor and furniture. In addition, the company offers several services to sellers including payment processing, advertising platform and shipping services.
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