Netflix Inc (NFLX)

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Netflix, Inc. (NASDAQ:NFLX) Receives Average Recommendation of "Buy" from Brokerages
By: MarketBeat | December 26, 2020

Netflix, Inc. (NASDAQ:NFLX) has been given a consensus rating of "Hold" by the forty-three ratings firms that are currently covering the company, MarketBeat.com reports. Five research analysts have rated the stock with a sell recommendation, ten have issued a hold recommendation and twenty-four have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $534.92.

Several research firms recently commented on NFLX. The Goldman Sachs Group set a $670.00 target price on Netflix and gave the company a "buy" rating in a report on Wednesday, October 21st. CSFB reissued a "hold" rating and set a $525.00 target price on shares of Netflix in a research report on Monday, October 5th. TheStreet raised Netflix from a "c+" rating to a "b" rating in a report on Tuesday. Raymond James started coverage on shares of Netflix in a research note on Wednesday, September 9th. They issued a "market perform" rating on the stock. Finally, Wedbush restated an "underperform" rating and set a $235.00 price objective (up previously from $220.00) on shares of Netflix in a research report on Wednesday, October 21st.

Shares of NFLX opened at $513.97 on Friday. Netflix has a 1 year low of $290.25 and a 1 year high of $575.37. The stock has a market capitalization of $227.07 billion, a PE ratio of 82.90, a PEG ratio of 2.68 and a beta of 0.93. The company has a debt-to-equity ratio of 1.50, a quick ratio of 1.24 and a current ratio of 1.24. The stock has a 50-day simple moving average of $500.82 and a 200-day simple moving average of $493.67.

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