Cohen & Associates LLC Invests $574000 in Alphabet Inc. (GOOGL) Stock

Cohen & Associates LLC Invests $574000 in Alphabet Inc. (GOOGL) Stock

On Tuesday, August 11 the stock rating was maintained by Deutsche Bank with "Buy". One analyst has rated the stock with a sell rating, seven have issued a hold rating and thirty-nine have issued a buy rating on the company. The company now has a consensus rating of Buy and an average target price of $1,002.75.

Credit Suisse now has a $1350 target on the $691.09B market cap company or 34.24 % upside potential.

In a research note sent to clients and investors on 11 October, The Outperform rating of Alphabet (NASDAQ:GOOGL) shares was reiterated at Credit Suisse, who now has a $1350 target price per share on the stock. The firm has "Buy" rating by Mizuho given on Friday, October 28. Alphabet has a consensus rating of "Buy" and an average price target of $1,058.31. Finally, Morgan Stanley restated a "buy" rating on shares of Alphabet in a report on Friday, September 29th.

Alphabet (NASDAQ:GOOGL) opened at 1005.65 on Friday. Shares of the company are trading at $989.25 which is marginally higher than $938.42, the stock's 50 day moving average and which is marginally over the 200 day moving average of $922.72. The company has a 50 day moving average of $953.18 and a 200 day moving average of $940.96.

Beta is also an important valuation ratio for analyzing the stock of the company, GOOGL's beta remains at 0.91.

July 21 investment analysts at Deutsche Bank maintained a stock rating of "Buy" and lowered the price target to $1.00 from $1.00. Oppenheimer maintained Alphabet Inc (NASDAQ:GOOGL) on Monday, July 17 with "Buy" rating. Alphabet had a net margin of 19.49% and a return on equity of 13.66%. The business had revenue of $20.92 billion during the quarter, compared to the consensus estimate of $20.83 billion. During the same period in the previous year, the firm posted $7.50 EPS. Equities analysts predict that Alphabet Inc. will post $30.59 EPS for the current fiscal year.


COPYRIGHT VIOLATION NOTICE: "Royal Bank Of Canada Reaffirms "Buy" Rating for Alphabet Inc". The legal version of this report can be viewed at https://www.truebluetribune.com/2017/10/12/alphabet-inc-googl-rating-reiterated-by-jefferies-group-llc.html. The total value of its holdings decreased 5.1%.

The company is now up by 1.71% percent from yesterday's close. (NASDAQ:GOOGL) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The purchase, at a price of $817, resulted in Antonio Lee bringing total 4.49 billion shares. The disclosure for this sale can be found here.

A number of hedge funds have recently modified their holdings of the business. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 422 shares of the information services provider's stock valued at $392,000 after buying an additional 3 shares in the last quarter. Delta Asset Management LLC TN boosted its holdings in shares of Alphabet by 1.5% in the 1st quarter. Carret Asset Management LLC now owns 9,982 shares of the information services provider's stock valued at $8,281,000 after acquiring an additional 145 shares during the period. Neville Rodie & Shaw Inc. raised its holdings in shares of Alphabet by 1.4% in the 3rd quarter.

As of quarter end Blue Fin Capital, Inc. had sold 25 shares trimming its position 1.7%. The Google segment includes its Internet products, such as Search, Ads, Commerce, Maps, YouTube, Google Cloud, Android, Chrome and Google Play, as well as its hardware initiatives.

Ltd reports that it bought 950 shares in quarter ending 09/30/2017 increasing its stake in Alphabet Inc.

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