Key Analysts at Barclays Didn’t Change their ‘”Overweight”’ rating for Amazon (NASDAQ:AMZN) Shares Today. Their Target is Set to $1850

July 13, 2018 - By Sonya McDaniel

Amazon.com, Inc. (NASDAQ:AMZN) Logo

Investors sentiment decreased to 1.08 in 2018 Q1. Its down 0.21, from 1.29 in 2017Q4. It turned negative, as 73 investors sold Amazon.com, Inc. shares while 659 reduced holdings. 173 funds opened positions while 614 raised stakes. 266.38 million shares or 4.87% less from 280.02 million shares in 2017Q4 were reported.

San Francisco Sentry Inv (Ca) owns 3,961 shares or 1.65% of their US portfolio. Boys Arnold & holds 1,024 shares. Voya Inv Management Lc invested 1.79% in Amazon.com, Inc. (NASDAQ:AMZN). Vista Prtn reported 341 shares stake. Geode Cap Mngmt Limited Com invested in 4.47 million shares or 2.1% of the stock. Polaris Greystone Limited Liability Company holds 0.09% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN) for 746 shares. Arrow Fin holds 9,798 shares or 3.29% of its portfolio. Lowe Brockenbrough And reported 7,929 shares or 1.7% of all its holdings. Horizon Kinetics Lc owns 410 shares or 0.02% of their US portfolio. Doheny Asset Management Ca has invested 0.61% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Ironwood Counsel Limited Co accumulated 506 shares. Janney Cap Lc holds 326 shares. Riverpark Mgmt Ltd holds 3.78% in Amazon.com, Inc. (NASDAQ:AMZN) or 16,767 shares. Dearborn Ptnrs Ltd Com reported 162 shares. South State holds 1.06% or 6,378 shares.

Since February 15, 2018, it had 0 buys, and 21 selling transactions for $63.19 million activity. The insider WILKE JEFFREY A sold 600 shares worth $947,950. $686,439 worth of Amazon.com, Inc. (NASDAQ:AMZN) was sold by Reynolds Shelley on Tuesday, May 15. $2.72M worth of Amazon.com, Inc. (NASDAQ:AMZN) shares were sold by Jassy Andrew R. Shares for $2.17 million were sold by STONESIFER PATRICIA Q. $18.50M worth of Amazon.com, Inc. (NASDAQ:AMZN) shares were sold by Blackburn Jeffrey M. Olsavsky Brian T sold 2,333 shares worth $3.42M.

Amazon (NASDAQ:AMZN) Rating Reaffirmed

Professional analysts at Barclays now has a $1850 target price on Amazon (NASDAQ:AMZN). Barclays and their recent target price gives a potential upside of 2.26 % from the company’s previous close. The rating has been released in an analyst report on 13 July.

Amazon.com, Inc. (NASDAQ:AMZN) Ratings Coverage

Among 38 analysts covering Amazon (NASDAQ:AMZN), 38 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Amazon has $2100 highest and $1360.0 lowest target. $1784.14’s average target is -1.38% below currents $1809.13 stock price. Amazon had 62 analyst reports since January 16, 2018 according to SRatingsIntel. The stock has “Buy” rating by RBC Capital Markets on Friday, February 2. The stock has “Buy” rating by Mizuho on Friday, February 2. The rating was maintained by DA Davidson on Monday, February 12 with “Buy”. The firm has “Buy” rating by Telsey Advisory given on Monday, May 7. The firm has “Outperform” rating by Wedbush given on Friday, April 27. The firm has “Buy” rating given on Wednesday, February 28 by Loop Capital Markets. On Wednesday, March 14 the stock rating was maintained by Piper Jaffray with “Buy”. SunTrust maintained Amazon.com, Inc. (NASDAQ:AMZN) rating on Thursday, April 19. SunTrust has “Buy” rating and $160000 target. The stock has “Buy” rating by Nomura on Monday, February 5. On Friday, February 2 the stock rating was maintained by Bank of America with “Buy”.

The stock increased 0.70% or $12.51 during the last trading session, reaching $1809.13. About 3.53 million shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 62.09% since July 13, 2017 and is uptrending. It has outperformed by 49.52% the S&P500.

Analysts await Amazon.com, Inc. (NASDAQ:AMZN) to report earnings on July, 26. They expect $2.50 earnings per share, up 525.00 % or $2.10 from last year’s $0.4 per share. AMZN’s profit will be $1.21 billion for 180.91 P/E if the $2.50 EPS becomes a reality. After $3.27 actual earnings per share reported by Amazon.com, Inc. for the previous quarter, Wall Street now forecasts -23.55 % negative EPS growth.

Amazon.com, Inc. engages in the retail sale of consumer products and subscriptions in North America and internationally. The company has market cap of $877.84 billion. It operates through the North America, International, and Amazon Web Services divisions. It has a 227.56 P/E ratio. The firm sells merchandise and content purchased for resale from vendors, as well as those offered by third-party sellers through retail Websites, such as amazon.com, amazon.ca, amazon.com.mx, amazon.com.au, amazon.com.br, amazon.cn, amazon.fr, amazon.de, amazon.in, amazon.it, amazon.co.jp, amazon.nl, amazon.es, and amazon.co.uk.

More notable recent Amazon.com, Inc. (NASDAQ:AMZN) news were published by: Seekingalpha.com which released: “Amazon Vs. Alibaba: Which Is Riskier?” on July 05, 2018, also Seekingalpha.com with their article: “CNBC: Amazon, Xealth plan healthcare delivery pilot” published on July 12, 2018, Seekingalpha.com published: “Amazon Prime: The Moral View” on June 26, 2018. More interesting news about Amazon.com, Inc. (NASDAQ:AMZN) were released by: Fool.com and their article: “How Amazon Is Making Whole Foods More Profitable” published on July 13, 2018 as well as Seekingalpha.com‘s news article titled: “Amazon: Are Expectations Too High?” with publication date: July 10, 2018.

Amazon.com, Inc. (NASDAQ:AMZN) Institutional Positions Chart

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