SQ Has Received Major Coverage From Redburn

SQ
SQ

Several analysts working at Redburn Partners have already started covering the stocks of SQ in a research note. The company currently has a rating of sell on the stock of the technology company. 

Stock Commentary Of SQ

There have been quite a few research equities that have commented on the stocks of SQ. BMO Capital Markets has already increased the price target of the company from a sum of $229 to $237, along with a rating of market perform in a 25th February research note. Wedbush has gone the same way- increasing the price target of the company from $300 to $304, along with an average rating in a 14th January research note.

Morgan Stanley followed the bandwagon- with a price target that was increased from $203 to $245, with a rating of equal weight in a 3rd March research note. In the end, Credit Suisse Group decided to join in with a price target that was increased from $210 to $270, along with a rating of outperform. 

Four of the investment analysts covering the stocks of SQ gave it a rating of sell, while eighteen of them issued it a rating of hold. Around twenty-four of them gave the stocks of the company a rating of buy. Currently, the firm has a hold rating with a $205.17 price target. 

The stocks of SQ traded on Friday at $241.72. The market cap of the firm is $109.89 billion, with a 383.69 PE ratio, along with a PEG ratio of around 29.50. The moving average price of the company over 50 days is $239.11, with a moving average price of the company over 200 days set at $201.49. The year low set by SQ is $32.33, while the year high has been fixed at $283.19.