Collins Stewart Reiterates a 'Buy' on eBay (EBAY); Strong 2Q as Key Businesses Accelerated

July 21, 2011 10:15 AM EDT
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Price: $100.94 -2.13%

Rating Summary:
    23 Buy, 28 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 12 | Down: 23 | New: 22
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Collins Stewart reiterates a 'Buy' on eBay (NASDAQ: EBAY), PT to $43.

Collins analyst says, "Reiterating BUY on: 1) mid-teens growth for several years on payments, international and mobile; 2) upside to estimates from US marketplaces turnaround and GSI Commerce acquisition and 3) an inexpensive valuation at 12x 2012 PF EPS (ex. cash)."

For more ratings news on eBay click here and for the rating history of eBay click here.

Shares of eBay closed at $33.17 yesterday.


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