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What Do Analysts Recommend for Alphabet?

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Shareholder returns and stock trends

As of December 21, 2015, Alphabet (GOOG) has generated returns of 42.9% for the trailing 12 months (or TTM) and -2.1% in the trailing-one-month period. The share price of the firm has decreased by 0.23% in the trailing-five-day period.

Alphabet’s (GOOG) peers Baidu (BIDU), Facebook (FB), and Yahoo (YHOO) have generated returns of 1.8%, 0.11%, and 1.2%, respectively, in the trailing-five-day period.

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Moving averages

On December 21, 2015, the last trading price of Alphabet (GOOG) was $760.8. The company was trading 0.98% below its 20-day moving average of $768.4, 2.1% above its 50-day moving average of $745.5, and 8.4% above its 100-day moving average of $702.1.

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. Alphabet’s (GOOG) 14-day MACD of 7.2 shows an upward trading trend, as the figure is positive.

The 14-day relative strength index (or RSI) for Alphabet (GOOG) is 51, which shows that the stock was neither overbought nor 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.

Alphabet (GOOG) constitutes 1.2% of the SPDR S&P 500 ETF (SPY) and 4.8% of the PowerShares QQQ (QQQ).

Analyst recommendations

Out of 45 analysts covering Alphabet (GOOG), 40 have a “buy” recommendation, five have a “hold” recommendation, and none of the analysts recommend a “sell.” The analyst stock price target for the company is $855.6 with a median target estimate of $850.0. Alphabet (GOOG) is trading at a discount of 10.5% with respect to its median target.

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