Netflix found using ticker (NFLX) have now 38 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 440 and 173 with the average target price sitting at 366.74. Given that the stocks previous close was at 357.32 this would imply there is a potential upside of 2.6%. The 50 day moving average now sits at 360.72 and the 200 moving average now moves to 318.24. The market capitalisation for the company is $150,243m. Company Website: http://www.netflix.com
Netflix provides subscription streaming entertainment service. 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 167 million paid members in 190 countries. Netflix was founded in 1997 and is headquartered in Los Gatos, California.