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Ebay (EBAY) Receives a Hold from Wells Fargo

In a report released yesterday, Brian Fitzgerald from Wells Fargo maintained a Hold rating on Ebay (EBAYResearch Report), with a price target of $54.00. The company’s shares closed yesterday at $47.61.

According to TipRanks, Fitzgerald is a 5-star analyst with an average return of 18.5% and a 57.74% success rate. Fitzgerald covers the Technology sector, focusing on stocks such as LiveRamp Holdings, Angi, and Twitter.

In addition to Wells Fargo, Ebay also received a Hold from JMP Securities’s Nicholas Jones CFA in a report issued on August 5. However, on August 4, Stifel Nicolaus maintained a Buy rating on Ebay (NASDAQ: EBAY).

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EBAY market cap is currently $26.47B and has a P/E ratio of (9.55).

Based on the recent corporate insider activity of 75 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of EBAY in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

eBay Inc.is one of the world’s largest online marketplaces, connecting buyers and sellers worldwide. Its marketplace platform allows visitors to browse through and buy products listed for sale or auction. The company has business operations across 190 countries.

Read More on EBAY:

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