Key Research Analysts at Aegis Capital Reiterate their ‘”Buy”’ rating for Facebook Inc (NASDAQ:FB) Shares Today. Their Target Price is $215.0

January 23, 2018 - By Lynda A. Deweese

 Key Research Analysts at Aegis Capital Reiterate their ‘

Investors sentiment decreased to 1.15 in 2017 Q3. Its down 0.25, from 1.4 in 2017Q2. It turned negative, as 53 investors sold Facebook, Inc. shares while 618 reduced holdings. 128 funds opened positions while 644 raised stakes. 1.63 billion shares or 0.88% more from 1.62 billion shares in 2017Q2 were reported.

Ar Asset Mgmt Inc accumulated 10,200 shares. Loeb Ptnrs Corporation reported 0.79% in Facebook, Inc. (NASDAQ:FB). Clarkston Ptnrs invested in 4,351 shares. Jefferies Gp Lc invested in 5,657 shares. Gamble Jones Inv Counsel, California-based fund reported 1,990 shares. Altavista Wealth Mngmt Incorporated holds 2.25% or 27,677 shares in its portfolio. Sumitomo Life Insurance reported 1.94% in Facebook, Inc. (NASDAQ:FB). Karp Mngmt Corp owns 12,993 shares. 13,928 are held by Diversified Trust Communications. Commerzbank Aktiengesellschaft Fi holds 2.39% or 1.06 million shares in its portfolio. The Washington-based Washington has invested 0.64% in Facebook, Inc. (NASDAQ:FB). Amp Capital Investors Ltd accumulated 1.39% or 1.45 million shares. Sequoia Finance Ltd Liability Corporation holds 0.19% or 9,541 shares. Trinity Street Asset Management Ltd Liability Partnership stated it has 4.77% of its portfolio in Facebook, Inc. (NASDAQ:FB). Selway Asset reported 12,300 shares.

Since August 7, 2017, it had 0 buys, and 39 selling transactions for $957.86 million activity. 750 Facebook, Inc. (NASDAQ:FB) shares with value of $129,325 were sold by Stretch Colin. Wehner David M. also sold $2.59 million worth of Facebook, Inc. (NASDAQ:FB) on Monday, August 21. Zuckerberg Mark also sold $42.50M worth of Facebook, Inc. (NASDAQ:FB) on Thursday, September 7. Cox Christopher K sold $2.80M worth of stock. FISCHER DAVID B. also sold $8.59M worth of Facebook, Inc. (NASDAQ:FB) on Thursday, August 10. Another trade for 640,754 shares valued at $109.70 million was sold by Koum Jan.

Facebook Inc (NASDAQ:FB) Rating Reaffirmed

Analysts at Aegis Capital now has a $215.0 target price on Facebook Inc (NASDAQ:FB). Aegis Capital and their recent target price gives a potential upside of 14.68 % from the company’s current stock price. The rating has been revealed in an analyst report on Wednesday morning.

Investors sentiment decreased to 1.15 in 2017 Q3. Its down 0.25, from 1.4 in 2017Q2. It turned negative, as 53 investors sold Facebook, Inc. shares while 618 reduced holdings. 128 funds opened positions while 644 raised stakes. 1.63 billion shares or 0.88% more from 1.62 billion shares in 2017Q2 were reported.

Ar Asset Mgmt Inc accumulated 10,200 shares. Loeb Ptnrs Corporation reported 0.79% in Facebook, Inc. (NASDAQ:FB). Clarkston Ptnrs invested in 4,351 shares. Jefferies Gp Lc invested in 5,657 shares. Gamble Jones Inv Counsel, California-based fund reported 1,990 shares. Altavista Wealth Mngmt Incorporated holds 2.25% or 27,677 shares in its portfolio. Sumitomo Life Insurance reported 1.94% in Facebook, Inc. (NASDAQ:FB). Karp Mngmt Corp owns 12,993 shares. 13,928 are held by Diversified Trust Communications. Commerzbank Aktiengesellschaft Fi holds 2.39% or 1.06 million shares in its portfolio. The Washington-based Washington has invested 0.64% in Facebook, Inc. (NASDAQ:FB). Amp Capital Investors Ltd accumulated 1.39% or 1.45 million shares. Sequoia Finance Ltd Liability Corporation holds 0.19% or 9,541 shares. Trinity Street Asset Management Ltd Liability Partnership stated it has 4.77% of its portfolio in Facebook, Inc. (NASDAQ:FB). Selway Asset reported 12,300 shares.

Since August 7, 2017, it had 0 buys, and 39 selling transactions for $957.86 million activity. 750 Facebook, Inc. (NASDAQ:FB) shares with value of $129,325 were sold by Stretch Colin. Wehner David M. also sold $2.59 million worth of Facebook, Inc. (NASDAQ:FB) on Monday, August 21. Zuckerberg Mark also sold $42.50M worth of Facebook, Inc. (NASDAQ:FB) on Thursday, September 7. Cox Christopher K sold $2.80M worth of stock. FISCHER DAVID B. also sold $8.59M worth of Facebook, Inc. (NASDAQ:FB) on Thursday, August 10. Another trade for 640,754 shares valued at $109.70 million was sold by Koum Jan.

Facebook, Inc. (NASDAQ:FB) Ratings Coverage

Among 53 analysts covering Facebook (NASDAQ:FB), 49 have Buy rating, 2 Sell and 2 Hold. Therefore 92% are positive. Facebook has $240.0 highest and $88 lowest target. $186.60’s average target is -0.47% below currents $187.48 stock price. Facebook had 220 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Cantor Fitzgerald on Thursday, November 3 with “Buy”. Credit Suisse maintained Facebook, Inc. (NASDAQ:FB) rating on Monday, July 10. Credit Suisse has “Buy” rating and $18000 target. The company was maintained on Thursday, April 28 by Axiom Capital. The rating was maintained by Bank of America on Thursday, November 5 with “Buy”. The stock of Facebook, Inc. (NASDAQ:FB) has “Buy” rating given on Monday, January 8 by Credit Suisse. Cantor Fitzgerald maintained the stock with “Buy” rating in Tuesday, June 20 report. The firm has “Buy” rating by Jefferies given on Thursday, November 5. The stock of Facebook, Inc. (NASDAQ:FB) earned “Buy” rating by William Blair on Thursday, July 20. Wedbush maintained Facebook, Inc. (NASDAQ:FB) rating on Monday, November 6. Wedbush has “Buy” rating and $230.0 target. Cantor Fitzgerald maintained Facebook, Inc. (NASDAQ:FB) on Friday, May 26 with “Buy” rating.

The stock increased 1.14% or $2.11 during the last trading session, reaching $187.48. About 14.88 million shares traded. Facebook, Inc. (NASDAQ:FB) has risen 26.75% since January 23, 2017 and is uptrending. It has outperformed by 10.05% the S&P500.

Analysts await Facebook, Inc. (NASDAQ:FB) to report earnings on February, 7. They expect $1.94 earnings per share, up 56.45 % or $0.70 from last year’s $1.24 per share. FB’s profit will be $5.64B for 24.16 P/E if the $1.94 EPS becomes a reality. After $1.59 actual earnings per share reported by Facebook, Inc. for the previous quarter, Wall Street now forecasts 22.01 % EPS growth.

Facebook, Inc. provides various products to connect and share through mobile devices, personal computers, and other surfaces worldwide. The company has market cap of $544.78 billion. The Company’s solutions include Facebook Website and mobile application that enables people to connect, share, discover, and communicate each other on mobile devices and personal computers; Instagram, a mobile application that enables people to take photos or videos, customize them with filter effects, and share them with friends and followers in a photo feed or send them directly to friends; Messenger, a messaging application to communicate with people and businesses across platforms and devices; and WhatsApp Messenger, a mobile messaging application. It has a 36.33 P/E ratio. The firm also offers Oculus virtual reality technology and content platform, which allow people to enter an immersive and interactive environment to play games, consume content, and connect with others.

More notable recent Facebook, Inc. (NASDAQ:FB) news were published by: Investorplace.com which released: “Facebook Inc (FB) vs. Twitter Inc (TWTR): Which Is the Better Buy?” on January 22, 2018, also Bloomberg.com with their article: “Facebook Will `Do Better’ to Stem Abuse, Sandberg Vows” published on January 23, 2018, Fool.com published: “Facebook, Inc. Earnings: 3 Metrics to Watch” on January 23, 2018. More interesting news about Facebook, Inc. (NASDAQ:FB) were released by: Investorplace.com and their article: “Short-Term Pain Likely for Facebook Inc Stock After Recent News Feed Shake-up” published on January 22, 2018 as well as Investorplace.com‘s news article titled: “Tuesday’s Vital Data: Netflix, Inc. (NFLX), Facebook Inc (FB) and AT&T Inc. (T)” with publication date: January 23, 2018.

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