Analysts Bullish LinkedIn Future Stock Price Since The IPO Is Creating New High
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Analysts bullish LinkedIn future stock price since the IPO is creating new high

[ REVIEW ] since its IPO, LinkedIn shares cumulative increase has more than twice as strong performance in the social networking site Facebook, buy site Groupon and social games developer Zynga Wed 2.0.

IDG (Mingxuan) Beijing February 28, according to foreign media reports, released by the investment bank Evercore Partners and Wunderlich Securites see multi-company growth prospects report to promote the world's largest professional networking site LinkedIn intraday stock price rose as high as $ 169.85, reaching record highs.

LinkedIn share price NYSE regular trading Wednesday, up $ 10.78, or 6.83%, to close at $ 168.55. The company's share price to $ 169.85 intraday high, hit a new high since May 2011 initial public offering (IPO). Evercore Partners analyst Ken Sena (Ken Sena) in the investor report released Wednesday to LinkedIn price target raised to $ 160 from $ 200, saying the LinkedIn share price in five years, be able to rise to $ 280. Wunderlich Securites analyst Blake Haber (Blake Harper) is given the LinkedIn stock a "buy" rating, the target price of $ 195.

Since its IPO, LinkedIn shares cumulative increase has more than twice the performance stronger than the social networking site Facebook , buy site Groupon and social games developer Zynga Wed 2.0. Currently, the share price of the three companies were lower than their initial public offering price. Although LinkedIn with the characteristics of the consumer Internet companies - providing free services and sales of advertising - but the company has a subscription service for business users and paid subscribers.

In Wednesday's report, the Hubble LinkedIn flagship product Recruiter and Talent Solutions platform is indeed a very high value for the recruiters. Visible revenue streams and new product based on a strong network effects, rapid innovation ability, We believe that LinkedIn has a very strong competitive advantage, so that competitors can not match. "

Senna paid subscribers, LinkedIn growth is more similar to the so-called software as a service provider Salesforce.com, Workday and ServiceNow. Seine in the report that, after Salesforce.com 2004 IPO year, the company's sales ratio of 12 times this year, the sales ratio of 10 times; LinkedIn, next year will reach 7 times better than consumption Internet companies.

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