Barclays Initiates Coverage On eBay Inc to Overweight with Price Target $41

Barclays Initiates Coverage On eBay Inc(EBAY). In a research note issued to the investors, the brokerage major Announces the price-target to $41 per share. The shares have been rated Overweight. The rating by the stock financial advisor at Barclays was issued on Mar 28, 2017 in a research report to their Investors and Clients.

In a different note, Aegis Capital said it Initiates Coverage On eBay Inc, according to a research note issued on Jan 3, 2017. In the research note, the firm Announces the price-target to $36 per share. The shares have been rated ‘Buy’ by the firm.

eBay Inc (EBAY) shares turned negative on Fridays trading session with the shares closing down -0.12 points or -0.36% at a volume of 43,17,756. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $33.67. The peak price level was also seen at $33.67 while the days lowest was $33.215. Finally the shares closed at $33.4. The 52-week high of the shares is $34.43 while the 52-week low is $22.3. According to the latest information available, the market cap of the company is $36,307 M.

eBay Inc(EBAY) last announced its earnings results on Jan 25, 2017 for Fiscal Year 2016 and Q4.Company reported revenue of $2.395B. Analysts had an estimated revenue of $2.400B. Earnings per share were $0.54. Analysts had estimated an EPS of $0.54.

Several Insider Transactions has been reported to the SEC. On Mar 1, 2017, Jae Hyun Lee (SVP, Asia Paific) sold 6,375 shares at $33.98 per share price.Also, On Feb 27, 2017, Iii Harry A Lawton (SVP, North America) sold 13,400 shares at $33.72 per share price.On Feb 23, 2017, Stephen Fisher (SVP, CTO) sold 16,601 shares at $33.81 per share price, according to the Form-4 filing with the securities and exchange commission.

eBay Inc.(eBay) is a global technology company. The Company has created an open source platform that provides software developers and merchants access to its applications programming interfaces (APIs) to develop software and solutions for commerce. The Company’s segments include Marketplaces and Payments. The Company’s Marketplaces segment includes its ebay.com platform and its localized counterparts as well as other online platforms such as its online classifieds sites and StubHub. The Company’s Payments segment consists of its PayPal business. Its classifieds Websites include alaMaula BilBasen dba.dk eBay Classifieds (eBay Classifieds eBay Kleinanzeigen and eBay Annunci) Gumtree Kijiji iBazar 2dehands.be 2ememain.be LoQUo Marktplaats.nl and mobile.de. It also offers trust and safety programs including PayPal’s Seller Protection and Purchase Protection Programs through its PayPal. It offers mobile applications for iPhone iPad Android and Windows mobile devices.

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