Equities researchers at Cantor Fitzgerald upped their price objective on shares of Google Inc (NASDAQ:GOOG) from $1,260.00 to $1,300.00 in a research report issued on Thursday, Analyst Ratings Network.com reports. Cantor Fitzgerald’s price objective indicates a potential upside of 16.64% from the stock’s previous close. Google Inc (NASDAQ:GOOG) shares after opening at $1,130.40 moved to $1,135.00 on last trade day and at the end of the day closed at $1,114.51. Company price to sales ratio in past twelve months was calculated as 6.26 and price to cash ratio as 6.38. Google Inc (NASDAQ:GOOG) showed a negative weekly performance of -3.75%.
Hundreds of workers at an Amazon.com, Inc. (NASDAQ:AMZN) distribution center in Leipzig, Germany, have gone on strike. The employees, who are members of the Verdi labor union, are asking for pay that corresponds with the mail order and retail industries, rather than the logistics industry. Amazon.com, Inc. (NASDAQ:AMZN) shares fell-0.57% in last trading session and ended the day on $336.36.AMZN return on equity ratio is recorded as 3.00% and its return on assets is 0.80%. Amazon.com, Inc. (NASDAQ:AMZN) yearly performance is 32.75%.
Exxon Mobil (NYSE:XOM) was upgraded by research analysts at Bank of America from a“neutral” rating to a “buy” rating in a report released on Thursday, TheFlyOnTheWall.com reports.Exxon Mobil Corporation(NYSE:XOM) shares moved down-0.02% in last trading session and was closed at $97.68, while trading in range of $ 97.32 – 98.85.Exxon Mobil Corporation(NYSE:XOM) year to date (YTD) performance is -2.80%.
Caterpillar Inc. (NYSE:CAT) shares are currently priced at 16.60x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 13.22x earnings multiple for the same period. And for income investors, the company pays shareholders $2.40 per share annually in dividends, yielding 2.40%. Caterpillar Inc. (NYSE:CAT) weekly performance is 2.60%. On last trading day company shares ended up $99.37.Caterpillar Inc.(NYSE:CAT) distance from 50-day simple moving average (SMA50) is 4.64%. Analysts mean target price for the company is $100.57.
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