LinkedIn Corp 21.5% Potential Upside Now Implied by Barclays
LinkedIn Corp using SYMBOL/TICKER code NYSE:LNKD had its stock rating noted as ‘Downgrade’ with the recommendation being set at ‘EQUAL WEIGHT’ yesterday by analysts at Barclays. LinkedIn Corp are listed in the Technology sector within NYSE. Barclays have set their target price at 130 USD on its stock. This now indicates the analyst believes there is a potential upside of 21.5% from the opening price of 107 USD.
LinkedIn Corp NYSE:LNKD has a 50 day moving average of 138.37 USD and the 200 Day Moving Average price is recorded at 196.41 USD. The 1 year high for the share price is 266.53 USD while the 52 week low for the stock is 98.25 USD. Over the last 30 and 90 trading days the company share price has increased 4.77 points and decreased 142.14 points respectively. There are currently 129,802,666 shares in issue with the average daily volume traded being 3,238,689. Market capitalisation for NYSE:LNKD is $14,283,485,485.00 USD.
LinkedIn Corp (LinkedIn) is a professional network on the Internet. The Company’s three product lines include Talent Solutions, Marketing Solutions and Premium Subscriptions. All three product lines are sold through two channels, an offline field sales organization, which engages with both large and small enterprise customers, as well as an online, self-serve channel, which includes enterprise customers and individual members purchasing subscriptions. The Company’s solutions include Free Solutions and Monetized Solutions.