Bernstein analyst Nikhil Devnani maintained a Hold rating on eBay (EBAY – Research Report) today and set a price target of $50.00. The company’s shares closed last Friday at $50.37.
Devnani covers the Consumer Cyclical sector, focusing on stocks such as Etsy, eBay, and Wayfair. According to TipRanks, Devnani has an average return of 36.3% and a 71.43% success rate on recommended stocks.
In addition to Bernstein, eBay also received a Hold from Truist Financial’s Youssef Squali in a report issued on February 29. However, on March 8, Argus Research maintained a Buy rating on eBay (NASDAQ: EBAY).
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EBAY market cap is currently $26.09B and has a P/E ratio of 9.70.
Based on the recent corporate insider activity of 77 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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