Amazon.com (NASDAQ:AMZN) Earns Buy Rating from Citigroup

Joanna Estrada
January 13, 2018

The institutional investor held 4,474 shares of the consumer services company at the end of 2017Q3, valued at $4.30 million, up from 3,947 at the end of the previous reported quarter.

Amazon.com, Inc. (AMZN) stock price rose 59.78 percent over the past one year, while increased 27.59 percent during the past 6 months. AMZN has diverse figures for different time frames; starting from week's performance it going forward toward positive percentage of 5.36% in last five regular trading sessions. 3,991,012 shares of the company traded hands, compared to its average volume of 3,250,000.

BT Investment Management Ltd trimmed its holdings in Amazon.com, Inc. It has outperformed by 20.71% the S&P500. Davenport & Ltd has 1.40M shares for 2.3% of their portfolio. Its down 6.8% from 1.81 million shares previously. The stock increased 2.00% or $0.8 during the last trading session, reaching $40.9. Laredo Petroleum, Inc. (NYSE:LPI) has risen 17.65% since January 12, 2017 and is uptrending.

Since August 3, 2017, it had 0 buys, and 9 selling transactions for $16.47 million activity. Another trade for 710 shares valued at $701,045 was sold by WILKE JEFFREY A. Shares for $2.30 million were sold by Zapolsky David on Tuesday, August 15.

A statistical measure of the dispersion of returns (volatility) for AMZN producing salvation in Investors mouth, it has week volatility of 1.42% and for the month booked as 1.20%. Amazon.com, Inc. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.74 and a current ratio of 1.03. Gw Henssler And Assocs Limited invested in 0.03% or 341 shares. After $0.24 actual earnings per share reported by Constellium N.V for the previous quarter, Wall Street now forecasts -45.83% negative EPS growth. Bokf Na accumulated 0.66% or 23,489 shares. Raymond James & Assocs has 69,717 shares. (NASDAQ:AMZN). Kistler holds 422 shares or 0.17% of its portfolio.

AMZN has been the topic of a number of other research reports. Rothschild Investment Il owns 0.28% invested in Amazon.com, Inc. Asset stated it has 5,423 shares. Bank of America maintained United Continental Holdings, Inc. (NYSE:WST) for 210 shares. Roundview Capital Limited Liability Corporation holds 2,938 shares or 0.83% of its portfolio. Utah Retirement Systems has 0.7% invested in Cisco Systems, Inc. Pictet Asset Mngmt invested in 0.65% or 1.75 million shares. Ifc Holdg Fl holds 24,618 shares or 0.22% of its portfolio. United Continental Holdings, Inc. The company has market cap of $73.46 million. The companyƂ's Proprietary Products segment offers stoppers and seals for injectable packaging systems; and syringe and cartridge components, including custom solutions for the needs of injectable drug applications, as well as administration systems that enhance the safe delivery of drugs through advanced reconstitution, mixing, and transfer technologies. It has a 331.53 P/E ratio. Four research analysts have rated the stock with a hold rating and fifty-one have given a buy rating to the company's stock.

Analysts await Amazon.com, Inc. (NASDAQ:CSCO) rating on Friday, October 6. S&P Research maintained the shares of PFE in report on Wednesday, October 28 with "Hold" rating. The rating was maintained by Piper Jaffray with "Overweight" on Friday, October 23. (NASDAQ:AMZN) rating on Friday, July 24. Oppenheimer maintained it with "Outperform" rating and $700 target in Friday, January 29 report. Wedbush has "Outperform" rating and $900 target. Jefferies maintained Cisco Systems, Inc. The company was downgraded on Wednesday, September 21 by Wells Fargo.

Investors sentiment decreased to 1.02 in 2017 Q3. Its down 0.10, from 1.36 in 2017Q2. Whitnell & Co. raised its position in shares of Amazon.com by 581.3% during the 3rd quarter. Argus reissued a "buy" rating and set a $1,150.00 price objective on shares of Amazon.com in a research report on Thursday, September 21st.

A stock rating usually tells investors how well a stock's market value relates to what analysts think is a fair value for the stock, based on an independent evaluation of the company. Fifth Third Bankshares invested in 117,777 shares. Moody Retail Bank Division invested in 0.1% or 2,024 shares. 1,985 shares were sold by Jassy Andrew R, worth $1.96 million. (NASDAQ:AMZN) or 544 shares. Finally, Triangle Securities Wealth Management bought a new position in shares of Amazon.com during the fourth quarter worth approximately $206,000. Ntv Asset Mgmt Ltd reported 0.07% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Lee Danner Bass Inc has invested 1.08% in Amazon.com, Inc. (NASDAQ:AMZN) or 220 shares. TIAA CREF Investment Management LLC boosted its position in shares of Amazon.com by 1.7% during the second quarter. Cadinha And Co Ltd Liability Co has 10,992 shares for 1.8% of their portfolio. Cibc State Bank Usa invested 0.46% in Amazon.com, Inc. Brighton Jones Llc owns 167,098 shares or 20.66% of their U.S. portfolio. Cibc World Mkts stated it has 0.3% in Amazon.com, Inc.

Among 50 analysts covering Amazon.com (NASDAQ:AMZN), 47 have Buy rating, 0 Sell and 3 Hold.

Ratings analysis reveals 94% of Amazon.com's analysts are positive. The business's revenue for the quarter was up 33.7% on a year-over-year basis. sell-side analysts anticipate that Amazon.com will post 4.24 EPS for the current fiscal year. The firm has "Buy" rating given on Friday, April 29 by Goldman Sachs. The firm has "Hold" rating given on Thursday, June 15 by KeyBanc Capital Markets. The company was maintained on Friday, October 23 by JP Morgan. BMO Capital Markets maintained the stock with "Buy" rating in Tuesday, November 21 report. The company was maintained on Tuesday, January 12 by Credit Suisse. (NASDAQ:AMZN) has "Outperform" rating given on Friday, October 23 by RBC Capital Markets.

Amazon.com, Inc offers a range of products and services through its Websites.

Other reports by Click Lancashire

Discuss This Article

FOLLOW OUR NEWSPAPER