Stephen Ju analyst at Credit Suisse reiterates coverage on Amazon (AMZN) in the Consumer Goods sector with a Buy rating. TipRanks.com has Ju rated as a 4.8 star analyst with a 51% return on investment and a 14.6% success rate. Ju has set a price target of $ 3700.
TipRanks.com reports that Amazon currently has 37 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $3,647. The target pricing ranges from a high forecast of $4,250 down to a low forecast of $2,800. Amazon (AMZN)’s last closing price was $2,151.82 which would put the average price target at 69.49% upside.
In addition, TradingView issued a Sell rating for AMZN over the next month, Barchart.com has a Strong sell rating and Yahoo! Finance has a Neutral short-term outlook. Remember, securities are volatile, so please do your own research on AMZN.
Other analysts covering AMZN include:
- Ronald Josey of Citigroup issued a Buy rating with the price target of $ 4100 on 1 day ago
- Brian Nowak of Morgan Stanley issued a Buy rating with the price target of $ 3800 on 3 days ago
- Deepak Mathivanan of Wolfe Research issued a Buy rating with the price target of $ 2900 on 4 days ago
- Brent Thill of Jefferies issued a Buy rating with the price target of $ 3700 on 5 days ago
TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>
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