Impact of Brokerage Rating on Alphabet Inc.(GOOG)

Many Alphabet Inc.(GOOG) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Company shares were Reiterated by Needham on Jan 27, 2017 to Buy, Raises Price Target to $ 935 from a previous price target of $925 .Company shares were Reiterated by Citigroup on Jan 3, 2017 to Buy, Raises Price Target to $ 975 from a previous price target of $910 .Alphabet Inc was Initiated by Aegis Capital on Dec 21, 2016 to Buy, Price Target of the shares are set at $980.

Company has reported several Insider transactions to the SEC, on Feb 13, 2017, Sergey Brin (President) sold 33,332 shares at 817.77 per share price.On Feb 8, 2017, Sundar Pichai (CEO, Google Inc.) sold 4,000 shares at 818.77 per share price.On Feb 7, 2017, L John Doerr (director) sold 15,641 shares at 798.71 per share price.

Alphabet Inc Last issued its quarterly earnings results on Jan 26, 2017. The company reported $9.36 EPS for the quarter, missing the analyst consensus estimate by $ -0.26. Analyst had a consensus of $9.62. The company had revenue of $26064.00 million for the quarter, compared to analysts expectations of $25140.11 million. The companys revenue was up 22.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $8.67 EPS.

Alphabet Inc. (NASDAQ:GOOG): According to 2 Analysts, The short term target price has been estimated at $ 935.The target price could deviate by a maximum of $49.5 from the forecast price. In the near term, the target price could hit a high of $970 and a low of $ 900.

Alphabet Inc. (NASDAQ:GOOG) rose 0.15% or 1.21 points on Tuesday and made its way into the gainers of the day. After trading began at $819 the stock was seen hitting $823 as a peak level and $816 as the lowest level. The stock ended up at $820.45. The daily volume was measured at 1,054,732 shares. The 52-week high of the share price is $841.95 and the 52-week low is $663.284. The company has a market cap of $567,276 million.

Alphabet Inc. is engaged in technology business. The Company provides web-based search, advertisements, maps, software applications, mobile operating systems, consumer content, enterprise solutions, commerce and hardware products through its subsidiaries. Alphabet Inc., formerly known as Google Inc., is headquartered in Mountain View, California.


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