Etsy, Inc. – Consensus ‘buy’ rating and 36.5% Upside Potential

Broker Ratings
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Etsy, Inc. with ticker code (ETSY) have now 26 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The range between the high target price and low target price is between 186 and 46 calculating the mean target price we have $122.90. Now with the previous closing price of $90.02 this is indicating there is a potential upside of 36.5%. It’s also worth noting that there is a 50 day moving average of $100.94 while the 200 day moving average is $113.17. The market capitalization for the company is 11.10B. The current stock price for Targa Resources Corp. is currently 88.03 USD

The potential market cap would be $15,159,902,651 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of -, revenue per share of 20.84 and a 7.67% return on assets.

Etsy, Inc. (Etsy) operates two-sided online marketplaces that connect buyers and sellers around the world. The Company operates through four segments: Etsy, Reverb, Depop, and Elo7. The Company’s primary marketplace, Etsy.com, is the global destination for goods made by independent sellers. Its Reverb is a two-sided marketplace on the principle that buying and selling musical instruments should be easy. The Company’s Depop is dedicated to building a diverse and progressive home of fashion. Its Elo7, known as the Etsy of Brazil, specializes in custom and made-to-order merchandise. Its Elo7 marketplace includes items in over 40 retail categories. Its services include on-site advertising services, which allow Etsy sellers to pay for placement of its listings in search results, and shipping labels, which allow Etsy sellers in the United States, Canada, United Kingdom, Australia, and India to purchase discounted shipping labels.

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