Netflix – Consensus Indicates Potential 12.2% Upside

Broker Ratings
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Netflix with ticker code (NFLX) have now 37 analysts in total covering the stock. The consensus rating is ‘Hold’. The range between the high target price and low target price is between 530 and 157 calculating the average target price we see 244.73. Given that the stocks previous close was at 218.13 this now indicates there is a potential upside of 12.2%. The 50 day moving average now sits at 219.61 and the 200 day moving average is 330.38. The company has a market cap of $99,668m. You can visit the company’s website by visiting: https://www.netflix.com

The potential market cap would be $111,822m based on the market concensus.

Netflix provides entertainment services. It offers TV series, documentaries, feature films, and mobile games across various genres and languages. The company provides members the ability to receive streaming content through a host of internet-connected devices, including TVs, digital video players, television set-top boxes, and mobile devices. It also provides DVDs-by-mail membership services in the United States. The company has approximately 222 million paid members in 190 countries. Netflix was incorporated in 1997 and is headquartered in Los Gatos, California.

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