Yahoo Finance What are Analysts’ Recommendations for Alphabet?
Google's Long-Term Investments: Fiber, DeepMind, and Google X
Shareholder returns and stock trends
As of March 16, 2016, Alphabet (GOOG) has generated returns of 34.0% for the trailing 12 months (or TTM) and 3.9% in the trailing one-month period. The share price of the firm has increased by 4.3% in the trailing five-day period.
Alphabet’s peers Baidu (BIDU), Facebook (FB), and Yahoo (YHOO) have generated returns of 3.7%, 4.3%, and 1.5%, respectively, in the trailing five-day period.
Moving averages
On March 16, 2016, the last trading price of Alphabet was $736.10. The company was trading 3.7% above its 20-day moving average of $709.90, 3.5% above its 50-day moving average of $711.10, and 1.5% above its 100-day moving average of $725.40.
Moving average convergence divergence and RSI
The MACD (or moving average convergence divergence) is the difference between the short-term and long-term moving averages of a firm. Alphabet’s 14-day MACD of 0.82 shows an upward trading trend, as the figure is positive.
The 14-day relative strength index (or RSI) for Alphabet is 61, which shows that the stock is somewhat overbought. If the RSI is above 70, it indicates the stock has been overbought. An RSI figure below 30 suggests that a stock has been oversold.
Analyst recommendations
Out of 13 analysts covering Alphabet, 12 have a “buy” recommendation, none have a “sell” recommendation, and one has a “hold” recommendation. The analyst stock price target for the company is $926.10, with a median target estimate of $945.00. Alphabet is trading at a discount of 22.1% with respect to its median target.
Alphabet (GOOG) constitutes 4.8% of the PowerShares QQQ ETF (QQQ).
Browse this series on Market Realist:
