Alphabet Inc (NDAQ:GOOGL) Rating Reiterated
In an analyst report revealed to clients on 28 April, Alphabet Inc (NDAQ:GOOGL) stock Hold was reiterated at Pivotal Research. They currently have a $990.00 PT on the stock. Pivotal Research’s PT would indicate a potential upside of 6.63 % from the company’s last stock price.
NDAQ:GOOGL is now trading 3.71% higher at $924.52 as of 8:06 AM New York time. Alphabet Inc’s stock is 0% over the last 200 days. It has underperformed the S&P 500, which has added 11.00% over the same time period.
Out of 44 brokers covering Alphabet Inc, 48 rate it a Buy, 3 indicate a Hold while 0 suggest a Sell. The highest target is $1100 and the lowest is $820 according to Thomson/First Call. The 12-month mean target is $908.16, which means downside potential of 1.77% over the current price.
Alphabet Inc (NDAQ:GOOGL) Profile
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.
Alphabet Inc (NDAQ:GOOGL) traded up 3.71% on 28 April, hitting $924.52. A total of 3.80 million shares of the company’s stock traded hands. This is up from average of 1.53 million shares. Alphabet Inc has a 52 week low of $672.66 and a 52 week high of $935.9. The company has a market cap of $634.68 billion and a P/E ratio of 32.14.
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