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Google Inc. Message Board

  • whoozyurdaddi whoozyurdaddi Aug 15, 2013 1:20 PM Flag

    GOOG still on target to $1,000

    ...Google Inc. (GOOG)
    While they've pulled back about 6% from their all-time high of $928 in mid-July, Google (GOOG) shares are still in the running to hit $1,000, needing a 15% bump to get there. The average target price for the stock is $981.05, and 16 out of 48 analysts have a price target of $1,000 or more on the stock. That, however, could all get scrapped with a stock split. The company recently settled a lawsuit with shareholders opposed to a stock split that would have created a new class of shares.

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    • what is supposed to be a fair multiple with this stock

    • That's exactly what they said about apple as it approached $700.
      They were speculating a stock split, dividends, etc.
      They did get dividends but only cause it fell $200 points!
      They had a target price of over $1000. How did that work out?
      Then they said to sell Apple when it was at $400. Now at $500. These guys are idiots.
      Just look at the company (GOOG) and the fact that they missed earnings. Facebook blew away the numbers cause people decided to advertise on facebook instead of google.
      Just like samsung taking away from apple.

 
GOOG
584.49-2.37(-0.40%)Aug 20 4:00 PMEDT

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