Facebook, Inc. found using ticker (FB) now have 46 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 330 and 120 with the average target price sitting at 238.96. Given that the stocks previous close was at 197.93 this is indicating there is a potential upside of 20.7%. The 50 day moving average now sits at 189.79 while the 200 day moving average is 187.64. The company has a market capitalisation of $566,985m. Company Website: http://investor.fb.com
Facebook, Inc. 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.