Pandora Media Inc with TICKER NYSE:P has had its stock rating noted as ‘Reiterated’ with the recommendation being set at ‘BUY’ today by analysts at Stifel. Pandora Media Inc are listed in the Consumer Services sector within NYSE. Stifel have set their target price at 30 USD on its stock. This would imply the analyst believes there is a potential upside of 45.3% from today’s opening price of 20.65 USD.
Pandora Media Inc NYSE:P has a 50 day moving average of 18.49 USD and a 200 Day Moving Average share price is recorded at 17.35 USD. The 52 week high share price is 25.24 USD while the year low stock price is currently 13.3 USD. Over the last 30 and 90 trading days the company share price has increased 1.56 points and increased 2.41 points respectively. There are currently 216,961,295 shares in issue with the average daily volume traded being 4,975,296. Market capitalisation for NYSE:P is $4,647,310,955.00 USD.
Pandora Media Inc NYSE:P (Pandora) is a provider of Internet radio services. The Company offers personalized experience for each of its listeners wherever and whenever they want to listen to radio on a range of smartphones, tablets, computers and car audio systems, as well as a range of other Internet-connected devices. In addition, Pandora offers local and national advertisers to provide targeted messages to its listeners using a combination of audio, display and video advertisements. The Company has operations in the United States, Australia and New Zealand. The Company enables each of its listeners to create up to 100 personalized stations. Its technologies include Music Genome Project, Comedy Genome Project, Playlist Generating Algorithms, Pandora User Experience, Pandora Mobile Streaming, Automotive Protocol, Pandora API and Tv.pandora.com. The Company provides its services through two models, which include Free Service and Pandora One.