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Facebook Inc 25.5% Potential Upside Now Implied by Raymond James
Posted by: Amilia Stone 17th January 2017
Facebook Inc with TICKER NASDAQ:FB had its stock rating noted as ‘Upgrade’ with the recommendation being set at ‘STRONG BUY’ yesterday by research analysts at Raymond James. Facebook Inc are listed in the Technology sector within NASDAQ. Raymond James have set a target price of 160 USD on its stock. This would indicate that the analyst believes there is a potential upside of 25.5% from the opening price of 127.49 USD.
 
Facebook Inc NASDAQ:FB has a 50 day moving average of 120.77 USD and a 200 day moving average of 122.04 USD. The 1 year high stock price is 133.5 USD while the year low stock price is currently 89.37 USD. Over the last 30 and 90 trading days the company share price has increased 9.11 points and decreased 3.43 points respectively. There are currently 2,921,318,907 shares in issue with the average daily volume traded being 19,972,011. Market capitalisation for NASDAQ:FB is $374,922,057,826.00 USD.
 
Facebook Inc builds products that enable people to connect and share through mobile devices and personal computers. The Company enables people to share their opinions, ideas, photos and videos, and other activities. Its products include Facebook, Instagram, Messenger, WhatsApp and Oculus.
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