They now have a $950.00 price target on the stock, down from their prior price target of $970.00. (NASDAQ:GOOG)'s Buy count is 2 and Strong Buy is 3 while the number of analysts recommending Sell and Strong Sell are 0 and 0, respectively. Cantor Fitzgerald reissued an "overweight" rating and set a $1,040.00 target price on shares of Alphabet in a research note on Monday, March 13th. They set a "buy" rating and a $1,024.00 price target on the stock. Morgan Stanley reissued an overweight rating and set a $1,000.00 target price on shares of Alphabet in a research note on Saturday, March 11th. Wells Fargo & Co reissued an "outperform" rating and set a $1,000.00 target price (up previously from $975.00) on shares of Alphabet in a research note on Saturday, March 11th. Finally, Hilliard Lyons reissued a "neutral" rating and set a $865.00 target price on shares of Alphabet in a research note on Saturday, March 11th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and forty-one have issued a buy rating to the stock. The company has an average rating of Buy and a consensus target price of $964.05. Alphabet Inc (NASDAQ:GOOG) shares advanced 0.39% to $852.12 on Friday. Company's distance from 20 day simple moving average is 2.13% and distance from 50-Day simple moving average is 4.04%. The firm has a market capitalization of $603.17 billion, a P/E ratio of 31.29 and a beta of 0.98. The current share price indicate that stock is 0.15% away from its one year high and is moving 28.47% ahead of its 52-week low.
Alphabet (NASDAQ:GOOGL) last issued its earnings results on Thursday, January 26th. The relative price strength of Alphabet Inc. has a positive value of 14.98 compared to overall market.Based on the Stock Research the Relative Strength Index signal is in over bought territory with a range of 72.31. During the same quarter in the previous year, the business earned $8.67 EPS. Equities analysts expect that Alphabet will post $33.41 EPS for the current year. Bank of New York Mellon Corp boosted its stake in shares of Alphabet by 0.7% in the third quarter. 1,868,252 shares of the company's stock were exchanged. BlackRock Institutional Trust Company N.A. boosted its stake in shares of Alphabet by 1.8% in the third quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 115,698 shares of the company's stock valued at $116,000 after buying an additional 115,537 shares during the period. Farmers & Merchants Trust Co of Chambersburg PA acquired a new position in shares of Alphabet during the fourth quarter valued at $127,000. Finally, BlackRock Fund Advisors boosted its stake in shares of Alphabet by 3.1% in the third quarter. Pinnacle Wealth Management Advisory Group LLC now owns 314 shares of the company's stock worth $244,000 after buying an additional 4 shares during the last quarter. Institutional investors and hedge funds own 34.74% of the company's stock.
The fallout from Google's advertising flap the United Kingdom could snowball, says Pivotal Research, which downgraded shares of its parent, Alphabet (GOOGL), to hold from buy. The Company's businesses include Google Inc (Google) and its Internet products, such as Access, Calico, CapitalG, GV, Nest, Verily, Waymo and X. The Company's segments include Google and Other Bets.