Snap Inc. – Consensus Indicates Potential 37.1% Upside

Snap Inc. with ticker code (SNAP) now have 37 analysts in total covering the stock. The consensus rating is ‘Hold’. The range between the high target price and low target price is between 67 and 8 calculating the mean target price we have 17.18. With the stocks previous close at 12.53 this indicates there is a potential upside of 37.1%. The 50 day moving average now sits at 11.86 and the 200 day MA is 27.68. The company has a market capitalisation of $20,859m. Visit the company website at: https://www.snap.com

The potential market cap would be $28,601m based on the market concensus.

Snap Inc. operates as a camera company in North America, Europe, and internationally. The company offers Snapchat, a camera application with various functionalities, such as Camera, Communication, Snap Map, Stories, and Spotlight that enable people to communicate visually through short videos and images. It also provides Spectacles, an eyewear product that connects with Snapchat and captures photos and video from a human perspective; and advertising products, including AR ads and Snap ads comprises a single image or video ads, story ads, collection ads, dynamic ads, and commercials. The company was formerly known as Snapchat, Inc. and changed its name to Snap Inc. in September 2016. Snap Inc. was founded in 2010 and is headquartered in Santa Monica, California.

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Written by: Charlotte Edwards

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