Facebook – Consensus Indicates Potential 8.5% Upside

Facebook with ticker code (FB) have now 46 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 336 and 120 calculating the average target price we see 289.28. Now with the previous closing price of 266.63 this indicates there is a potential upside of 8.5%. The day 50 moving average is 270.07 and the 200 moving average now moves to 228.43. The market cap for the company is $740,522m. You can visit the company’s website by visiting: http://investor.fb.com

Facebook develops products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and in-home devices worldwide. The company’s products include Facebook that enables people to connect, share, discover, and communicate with each other on mobile devices and personal computers; Instagram, a community for sharing photos, videos, and private messages; Messenger, a messaging application for people to connect with friends, family, groups, and businesses across platforms and devices; and WhatsApp, a messaging application that is used by people and businesses to communicate in a private way. It also provides Oculus, a hardware, software, and developer ecosystem, which allows people to come together and connect with each other through its Oculus virtual reality products. Facebook was founded in 2004 and is headquartered in Menlo Park, California.

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