Google's Youtube Could Be Worth $80B as Stand-Alone, Says BofA/ML (GOOGL) (GOOG)
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Price: $156.00 -1.97%
Rating Summary:
35 Buy, 9 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 13
Rating Summary:
35 Buy, 9 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 13
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BofA/Merrill Lynch maintained a Buy rating on Google (NASDAQ: GOOGL) (NASDAQ: GOOG) with a price target of $650. Analyst Justin Post described YouTube as a "big asset that warrants big valuation." He estimates $8 billion in revenue in 2015 and $13 billion by 2017. Stand-alone valuation potential could be $70 billion based on revenue, and $80-$90 billion based on social user and usage valuation comparisons.
For an analyst ratings summary and ratings history on Google click here. For more ratings news on Google click here.
Shares of Google closed at $547.19 yesterday.
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