Alphabet Inc. (GOOGL) Rating Reiterated by Jefferies Group LLC

Investors wait Alphabet Inc (NASDAQ:GOOGL) to report on October, 26. its quarterly earnings Wall Street analysts expect $8.43 EPS, up $1.18 or 16.28 % from last year's $7.25 same quarter earnings. The firm acquired 293 shares of the information services provider's stock, valued at approximately $266,000. The value of the company's investment in Alphabet Inc. went from $1,139,000 to $1,145,000 a change of 0.5% quarter to quarter.

Other analysts have also recently issued research reports about the company. With the last stock price close up 6.43% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.03% over the same period. The firm earned "Neutral" rating on Monday, May 1 by Independent Research. They noted that the move was a valuation call. Jefferies Group LLC reiterated a "buy" rating and set a $1,200.00 price target on shares of Alphabet in a research note on Tuesday, July 4th. Morgan Stanley maintained the stock with "Buy" rating in Friday, September 29 report. Aegis Capital maintained Alphabet Inc (NASDAQ:GOOGL) on Monday, July 24 with "Buy" rating. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, thirty-nine have assigned a buy rating and one has issued a strong buy rating to the company. Robert W. Baird has "Buy" rating and $1100.0 target.

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Shares of Alphabet (GOOGL) opened at 1005.65 on Tuesday.

With a total market value of $0, Alphabet has price-earnings ratio of 35.57 with a one year low of $727.54 and a one year high of $988.25. The stock has a 50 day moving average of $953.18 and a 200 day moving average of $940.96. Alphabet Inc. earnings have risen with an annualized rate of 13.4% over the last 5 years. GOOGL's profit will be $5.80 billion for 29.29 P/E if the $8.43 EPS becomes a reality. Alphabet had a net margin of 21.58% and a return on equity of 14.85%. If you are accessing this report on another publication, it was illegally stolen and republished in violation of United States and global trademark and copyright legislation.

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GOOGL has been the subject of several research analyst reports. If you are reading this story on another domain, it was illegally stolen and republished in violation of U.S. & worldwide copyright & trademark laws.

Hedge funds have recently added to or reduced their stakes in the stock. McQueen Ball & Associates Inc. now owns 591 shares of the information services provider's stock valued at $575,000 after acquiring an additional 91 shares in the last quarter. The original version of this article can be accessed at https://www.dispatchtribunal.com/2017/10/12/alphabet-inc-googl-shares-sold-by-eastern-bank.html. Blue Fin Capital, Inc. owns 1,486 shares worth $1,425,000. Delta Asset Management LLC TN boosted its holdings in shares of Alphabet by 1.5% in the 1st quarter. Curbstone Financial Management Corp now owns 790 shares of the information services provider's stock valued at $769,000 after acquiring an additional 395 shares in the last quarter. Finally, Town & Country Bank & Trust CO dba First Bankers Trust CO boosted its holdings in shares of Alphabet by 0.7% in the 2nd quarter. St. Johns Investment Management Company LLC now owns 172 shares of the information services provider's stock worth $156,000 after acquiring an additional 157 shares during the last quarter. The value of the investment in Alphabet Inc. decreased from $909,000 to $863,000 a change of $46,000 quarter over quarter.

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Alphabet Inc is a holding company.

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