NFLX Has A Rating Of Buy Set By Argus

NFLX
NFLX

The stocks of NFLX have a rating of buy set by Argus after it was previously a rating of hold in a Benzinga report. The price target of the company is $650 as set by the brokerage firm indicates an annual growth rate of about 27.94% on the previous close of the company. 

The Stock Commentary Of NFLX

There have been quite a few research equities that have commented on the stocks of NFLX. Wells Fargo & Company have increased the rating of the company from equal weight to a rating of overweight with a price target set from $510 to $700 in a 20th January research report. KeyCorp has also increased the price target of the company from $634 to $650 with a rating of overweight in a 20th January research report.

Jefferies Financial Group has increased the rating of the company to a buy with a price target of $650 in a 20th January research report. Barclays has also increased the price target of the company from $550 to $650 with a rating of overweight in a 20th January research report. The Royal Bank of Canada has set up a rating of buy with a price target of $630 in a 16th December research report. 

Four of the investment analysts have given the stocks of NFLX a rating of sell, while eight of them have given the stocks a rating of hold. Twenty-five of them has given it a rating of buy. Currently, the company has a buy rating with a $586.62 price target. 

The stocks of NFLX traded on Monday at $508.05. The market cap of the firm is $225.01 billion with an 81.94 PE ratio, with a 1.86 PEG ratio. The moving average price of the company over 50 days is $533.72, with a moving average price over 200 days is $514.26. The year low of the company is $353 with a year high of $593.29.