Facebook found using ticker (FB) have now 48 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 460 and 225 with the average target price sitting at 386.26. Given that the stocks previous close was at 336.58 this would indicate that there is a potential upside of 14.8%. There is a 50 day moving average of 316.71 and the 200 moving average now moves to 286.16. The market capitalisation for the company is $946,136m. Visit the company website at: http://investor.fb.com
Facebook develops products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and in-home devices worldwide. The company’s products include Facebook that enables people to connect, share, discover, and communicate with each other on mobile devices and personal computers; Instagram, a community for sharing photos, videos, and private messages; Messenger, a messaging application for people to connect with friends, family, groups, and businesses across platforms and devices; and WhatsApp, a messaging application that is used by people and businesses to communicate in a private way. It also provides Facebook Reality Labs, an augmented and virtual reality product that help people feel connected, anytime, and anywhere. Facebook was founded in 2004 and is headquartered in Menlo Park, California.