Facebook found using ticker (FB) now have 49 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 342 and 120 calculating the mean target price we have 240.86. Now with the previous closing price of 218.06 this would indicate that there is a potential upside of 10.5%. There is a 50 day moving average of 204.88 and the 200 day MA is 193.22. The market cap for the company is $632,832m. Company Website: http://investor.fb.com
Facebook provides various products to connect and share through mobile devices, personal computers, and other surfaces 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 messages; Messenger, a messaging application for people to connect with friends, family, groups, and businesses across platforms and devices; and WhatsApp, a messaging application for use by people and businesses to communicate in a private way. It also provides Oculus, a hardware, software, and developer ecosystem, which allows people to come together and connect with each other through its Oculus virtual reality products. As of December 31, 2018, it had approximately 1.52 billion daily active users. The company was founded in 2004 and is headquartered in Menlo Park, California.