Needham Maintains Their Hold Rating on Netflix (NFLX)

By Jason Carr

Needham analyst Laura Martin maintained a Hold rating on Netflix (NFLXResearch Report) today. The company’s shares closed last Monday at $268.03.

According to TipRanks.com, Martin is a top 100 analyst with an average return of 19.0% and a 62.6% success rate. Martin covers the Services sector, focusing on stocks such as World Wrestling, Walt Disney, and CBS Corp.

Currently, the analyst consensus on Netflix is a Strong Buy with an average price target of $403.11, representing a 52.9% upside. In a report issued on September 23, Wells Fargo also initiated coverage with a Hold rating on the stock with a $288.00 price target.

See today’s analyst top recommended stocks >>

Netflix’s market cap is currently $117.4B and has a P/E ratio of 105.11. The company has a Price to Book ratio of 19.22.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.