Netflix with ticker code (NFLX) now have 40 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 446 and 188 calculating the mean target price we have 361.93. Given that the stocks previous close was at 329.05 this would indicate that there is a potential upside of 10.0%. There is a 50 day moving average of 319.11 and the 200 moving average now moves to 306.8. The market capitalisation for the company is $148,532m. Visit the company website at: http://www.netflix.com
Netflix provides Internet entertainment services. The company operates in three segments: Domestic streaming, International streaming, and Domestic DVD. It offers TV series, documentaries, and feature films across various genres and languages. The company provides members the ability to receive streaming content through a host of Internet-connected screens, including TVs, digital video players, television set-top boxes, and mobile devices. It also provides DVDs-by-mail membership services. The company has approximately 139 million paid members in 190 countries. Netflix was founded in 1997 and is headquartered in Los Gatos, California.