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What are the Analysts’ Recommendations for LinkedIn?

LinkedIn: Stimulating Its Growth with Apps and AI

(Continued from Prior Part)

Shareholder returns and stock trends

As of February 9, 2016, LinkedIn (LNKD) has generated returns of -55.5% for the trailing 12 months (or TTM) and 15.9% in the trailing one-month period. The share price of the firm has decreased by 1.4% in the trailing five-day period.

LinkedIn’s (LNKD) peers Facebook (FB) and Twitter (TWTR) have generated returns of -2.2% and -4.8%, respectively, in the trailing five-day period.

Moving averages

On February 9, 2016, the last trading price of LinkedIn (LNKD) was $117.90. The company’s stock was trading 3.6% above its 20-day moving average of $113.90, 27.9% below its 50-day moving average of $163.60, and 40.6% below its 100-day moving average of $198.50.

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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. LinkedIn’s (LNKD) 14-day MACD of -15.9 shows a downward trading trend, as the figure is negative.

The 14-day relative strength index (or RSI) for LinkedIn (LNKD) is 37, which shows that the stock is somewhat oversold. 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.

LinkedIn (LNKD) and Amazon (AMZN) constitute 2.1% and 11.5%, respectively, of the First Trust Dow Jones Internet Index ETF (FDN).

Analyst recommendations

Out of 44 analysts covering LinkedIn (LNKD), 27 have a “buy” recommendation, 17 have a “hold” recommendation, and no analysts offer a “sell” recommendation. The analysts’ stock price target for the company is $176.90, with a median target estimate of $180.00. LinkedIn (LNKD) is trading at a discount of 34.5% with respect to its median target.

Continue to Next Part

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