Royal Bank Of Canada Reaffirms "Buy" Rating for Alphabet Inc. (GOOGL)

Google Inc

Google Inc

COPYRIGHT VIOLATION WARNING: "Alphabet Inc". (NASDAQ:GOOGL) by 0.6% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. Odey Holdings AG now owns 130 shares of the information services provider's stock valued at $121,000 after buying an additional 20 shares during the period. Franklin Parlapiano Turner & Welch LLC acquired a new position in shares of Alphabet in the 1st quarter valued at about $108,000.

Alphabet Inc is a holding company.

Other analysts have also recently issued research reports about the company.

Alphabet shares jumped 0.9%, or US$9.10, to US$996.90 in early deals on Wednesday. Of the analysts surveyed by Reuters that track MPLX LP 1 of them rate its stock a hold. Delta Asset Management LLC TN boosted its holdings in shares of Alphabet by 1.5% in the 1st quarter. Patriot Wealth Management Inc. now owns 5,599 shares of the information services provider's stock valued at $4,747,000 after purchasing an additional 141 shares during the last quarter.

As of the end of the quarter Blue Fin Capital, Inc. had disposed of 25 shares trimming its stake by 1.7%. Gulf International Bank (uk) Ltd augmented its investment by buying 950 shares an increase of 1.0% as of 09/30/2017. Institutional investors and hedge funds own 34.53% of the company's stock. If you are reading this story on another domain, it was illegally stolen and republished in violation of USA & global copyright & trademark laws.

Interest in Alphabet Inc. The firm has a market capitalization of $696.79 billion, a PE ratio of 36.45 and a beta of 0.96. The stock's 50 day moving average is $918.17 and its 200 day moving average is $847.92. The company rocked its 52-Week High of $1008.61 and touched its 52-Week Low of $743.59. The stock of Alphabet Inc (NASDAQ:GOOGL) has "Buy" rating given on Monday, July 17 by Oppenheimer. The information services provider reported $5.01 earnings per share for the quarter, missing analysts' consensus estimates of $8.25 by ($3.24). Alphabet had a net margin of 21.58% and a return on equity of 14.85%. MPLX LP (NYSE:MPLX) earnings have risen with a quarterly rate of 44.5% over the last 5 years.

Analysts expect Alphabet Inc (NASDAQ:GOOGL) to report $8.43 EPS on October, 26.They anticipate $1.18 EPS change or 16.28 % from last quarter's $7.25 EPS. (GOOGL) is a number of factors, including perhaps, a steady increase of the profile of the company as insider activity takes center stage. Jefferies Group LLC reiterated a buy rating and set a $1,200.00 target price on shares of Alphabet in a research report on Tuesday, July 4th. Finally, Wells Fargo & Company reiterated an "outperform" rating and issued a $1,250.00 target price on shares of Alphabet in a research note on Wednesday, September 27th. On Tuesday, September 1 the stock rating was upgraded by Vetr to "Buy". CLSA maintained Alphabet Inc (NASDAQ:GOOGL) rating on Friday, July 29. Baird reaffirmed an outperform rating and set a $960.00 price objective on shares of Alphabet in a report on Sunday, March 5th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, thirty-nine have issued a buy rating and one has issued a strong buy rating to the company's stock. $1010.61's average target is 2.31% above currents $987.8 stock price. 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.

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