Spotify Technology (SPOT) with $210 Target Got Analyzed By Barclays.

June 27, 2018 - By Matthew Medley

What Price Target Has Barclays Given Spotify Technology (SPOT)

After Barclays’s $210 PT was revealed to investors and clients on 26 June, the company initiated coverage of the Spotify Technology (SPOT)‘s stock. The financial firm set a “Overweight” rating of SPOT.

Spotify Technology S.A. (NYSE:SPOT) Ratings Coverage

A total of 24 analysts rate Spotify Technology SA (SPOT) as follows: 19 “Buy”, 4 “Hold” and 1 “Sell”. Тherefore 79% are bullish. (SPOT) has 25 ratings reports on Jun 27, 2018 according to StockzIntelligence. On Tuesday, April 24 the firm has “Hold” rating by FBR Capital given. On Wednesday, March 28 the firm earned “Buy” rating by Atlantic Securities. On Thursday, March 29 RBC Capital Markets initiated Spotify Technology S.A. (NYSE:SPOT) rating. RBC Capital Markets has “Buy” rating and $22000 target. On Monday, April 30 J.P. Morgan initiated Spotify Technology S.A. (NYSE:SPOT) rating. J.P. Morgan has “Buy” rating and $19000 target. On Thursday, June 7 the stock has “Buy” rating by Buckingham Research. The company rating was initiated by Evercore on Monday, April 30. On Thursday, June 21 Macquarie Research initiated Spotify Technology S.A. (NYSE:SPOT) rating. Macquarie Research has “Buy” rating and $22500 target. The stock rating was initiated by UBS with “Buy” on Monday, April 30. On Monday, April 30 the stock of Spotify Technology S.A. (NYSE:SPOT) earned “Buy” rating by Bank of America. On Tuesday, May 29 the rating was initiated by Pivotal Research with “Buy”.

Ticker’s shares touched $175.97 during the last trading session after 3.29% change.Currently Spotify Technology S.A. is after 0.00% change in last June 27, 2017. SPOT has 1.66M shares volume. SPOT underperformed by 12.57% the S&P 500.

Spotify Technology S.A. (NYSE:SPOT)’s earnings report is expected on August, 1., RTT reports. Wall Street forecasts -39.60 % EPS growth as of August, 1.

Spotify Technology S.A., together with its subsidiaries, provides music streaming services worldwide.The company has $31.35 billion market cap. It operates through two divisions, Premium and Ad-Supported.Last it reported negative earnings. The Premium segment offers commercial-free music services to subscribers comprising unlimited online and offline high-quality streaming access to its catalog.

For more Spotify Technology S.A. (NYSE:SPOT) news published briefly go to: Benzinga.com, Seekingalpha.com, Seekingalpha.com, Seekingalpha.com or Benzinga.com. The titles are as follows: “Benzinga’s Top Upgrades, Downgrades For June 26, 2018” published on June 26, 2018, “Financial Exchange Stock Talk: Galileo Russell On Spotify” on June 12, 2018, “Spotify hires Conde Nast’s Ostroff to lead content” with a publish date: June 26, 2018, “Can Spotify Join The FANG Club?” and the last “The Power Of Spotify Playlists Could Ward Off Aggressive Labels, Analyst Says In Upgrade” with publication date: June 07, 2018.

Spotify Technology S.A. (NYSE:SPOT) Analyst Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.