Wall Street is positive on Facebook, Inc. Common Stock (FB). On average, analysts give the stock a Strong Buy rating. The average price target is $233.161, which means analysts expect the stock to add by 21.77% over the next twelve months.
That rating is better than 68% of stocks based on data compiled by InvestorsObserver.
Click Here to get the full report on Facebook, Inc. Common Stock (FB) Stock.
Why are Analyst Ratings Important?
You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers.
InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.
What's Happening With Facebook, Inc. Common Stock Stock Today?
Facebook, Inc. Common Stock (FB) stock has risen 0.55% while the S&P 500 is down -0.06% as of 9:47 AM on Friday, Nov 8. FB is higher by $1.05 from the previous closing price of $190.42 on volume of 293,265 shares. Over the past year the S&P 500 has gained 9.85% while FB is higher by 29.49%. FB earned $6.26 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 30.68.
