Facebook found using ticker (FB) now have 48 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 330 and 120 with a mean TP of 238.02. With the stocks previous close at 201.05 this is indicating there is a potential upside of 18.4%. The 50 day MA is 194.41 and the 200 moving average now moves to 188.79. The company has a market capitalisation of $574,171m. You can visit the company’s website by visiting: 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.