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What Are Analyst Recommendations for Amazon?

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Shareholder returns and stock trends

As of January 7, 2016, Amazon (AMZN) has generated returns of 112.0% for the trailing 12 months (or TTM) and -5.6% in the trailing one-month period. Amazon’s share price has fallen 8.8% in the trailing five-day period.

Amazon’s (AMZN) peers Alibaba (BABA), Walmart (WMT), and EBAY (EBAY) have generated returns of -7.1%, 5.4%, and -7.4%, respectively, in the trailing five-day period.

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Moving averages

On December 7, 2016, the last trading price of Amazon (AMZN) was $632.70. The company’s stock was trading 4.6% below its 20-day moving average of $663.20, 3.8% below its 50-day moving average of $657.40, and 6.7% above its 100-day moving average of $593.10.

Moving average convergence divergence and RSI

The MACD (moving average convergence divergence) is the difference between a company’s short-term and long-term moving averages. Amazon’s (AMZN) 14-day MACD of 4.4 shows an upward trading trend, as the figure is positive.

Amazon’s 14-day relative strength index (or RSI) is 39, which shows 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.

Amazon (AMZN) constitutes 1.4% of the SPDR S&P 500 ETF (SPY) and 5.6% of the PowerShares QQQ ETF (QQQ).

Analyst recommendations

Of the 47 analysts covering Amazon (AMZN), 38 have given it a “buy” recommendation, none has given it a “sell” recommendation, and nine have given it a “hold” recommendation. The analyst stock price target for Amazon is $750.20, with a median target estimate of $760. Amazon (AMZN) is trading at a discount of 16.8% with respect to its median target.

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