Just yesterday Amazon.com (NASDAQ:AMZN) traded -3.54% lower at $839.95. AMZN’s 50-day average is $796.47 and its two hundred day average is $783.19. With the last close up 3.45% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.06% over the same period. Volume of trade was up over the average, with 10,868,773 shares of AMZN changing hands over the typical 4,228,350

In a report released on 2/03/2017 Rbc Capital Markets dropped the price target of Amazon.com (NASDAQ:AMZN) from $950.00 to $900.00 stating a potential upside of 0.07%.

On 01/20/2017, Aegis released a statement for Amazon.com (NASDAQ:AMZN) bumped up the target price from $0.00 to $953.00. At the time, this indicated a possible upside of 0.18%.

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Amazon.com has 52 week low of $474.00 and a 52 week high of $847.21 with a P/E ratio of 185.61 and has a market cap of $0.

In addition to RBC Capital Markets reporting its target price, a total of 40 firms have reported on AMZN. The one year target is $802.92 with thirteen equity analysts rating the company a strong buy, 28 brokers rating the stock a buy, 4 brokers rating the company a hold, zero brokerages rating the company a underperform, and lastly 0 brokerages rating the stock a sell.

Brief Synopsis On Amazon.com (NASDAQ:AMZN)

Amazon.com, Inc. offers a range of products and services through its Websites. The Company's products include merchandise and content that it purchases for resale from vendors and those offered by third-party sellers. The Company has three segments: North America, International and Amazon Web Services (AWS). The Company's North America segment focuses on retail sales of consumer products from sellers and subscriptions, through its North America-focused Websites, such as www.amazon.com, www.amazon.ca and www.amazon.com.mx. The Company's International segment includes export sales from its internationally focused Websites, including export sales from its sites to customers in the United States, Mexico and Canada. The Company's AWS segment focuses on the sales of compute, storage, database and other AWS service offerings for start-ups, enterprises, government agencies and academic institutions. The Company offers Amazon Prime, which is an annual membership program.

The post RBC Capital Markets announced Amazon.com (NASDAQ:AMZN), dropping its stock price target to $900.00 today appeared first on Octafinance.