JMP Securities analyst Nicholas Jones CFA has maintained a Buy rating on Amazon (AMZN) and set a price target of $175.00. The company’s shares closed yesterday at $128.91.
According to TipRanks, Jones CFA is a 5-star analyst with an average return of 33.8% and a 56.35% success rate. Jones CFA covers the Technology sector, focusing on stocks such as Amazon, Expedia, and Farfetch.
Amazon has an analyst consensus of Strong Buy, with a price target consensus of $156.59, which is a 21.47% upside from current levels. In a report released today, Bernstein also maintained a Buy rating on the stock with a $175.00 price target.
AMZN market cap is currently $1351.2B and has a P/E ratio of 311.04.
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Amazon.com, Inc. provides online retail shopping services and also generates revenue from cloud computing services. It operates through three business segments: North America, International, and Amazon Web Services (AWS). The North America and International segments include retail sales of consumer products and subscriptions (like Amazon Prime membership fees). AWS generates revenue from the global sales of compute, storage, database, and other service offerings. Founded by Jeffrey P. Bezos in July 1994, the company is headquartered in Seattle, WA.
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