Why 2017 Was a Year to Remember for eBay Inc.
Online auction pioneer eBay (NASDAQ: EBAY) is often overshadowed by Amazon.com’s (NASDAQ: AMZN) superior growth in the e-commerce market. Yet eBay, which spun off PayPal (NASDAQ: PYPL) in mid-2015, still rallied more than 20% this year and beat the S&P 500’s 16% gain.
Let’s take a closer look at how eBay outperformed the market this year and whether it can keep climbing next year.
Image source: Getty Images.
Source: Fool.com
eBay Inc. Stock
€49.91
1.690%
We see a rather positive sentiment for eBay Inc. with 16 Buy predictions and 2 Sell predictions.
With a target price of 54 € there is a slightly positive potential of 8.21% for eBay Inc. compared to the current price of 49.91 €.
