MOST people shopping for cars like to stick close to home. The average distance an American travels to buy a new car or truck is about 22 miles, according to CNW Marketing Research, an automotive research company in Bandon, Ore. Then there are those who like to shop a time zone or two away.
In recent trading, shares of DaVita Inc (Symbol: DVA) have crossed above the average analyst 12-month target price of $66.83, changing hands for $66.93/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level.
When it comes to the Analysis of a Stock, Price Target plays a vital role. Analysts reported that the Price Target for Expedia Inc. might touch $180 high while the Average Price Target and Low price Target is $152.76 and $115 respectively. The Relative Volume of the company is 0.75 and Average Volume (3 months) is 2.66 million. The companyâs P/E (price to earnings) ratio is 46.84 and Forward P/E ratio of 21.9.