Company Update: Google Inc (NASDAQ:GOOG) – Here’s who Google has been ‘forgetting’ in European privacy cases

[at CNBC] – Google has been removing links from its search engine in Europe for two years. Here’s who’s been asking to have URLs taken down. Read more on this. Alphabet Inc. (GOOG) , valued at $503.33B, opened this morning at $724.59. Looking at the stock, its one day range is $724.59 to $733.31 and has traded between $515.18 and $789.87 over the past year. Google (GOOG) shares are currently priced at 21.55x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 7.34x earnings multiple for the same period. According to a consensus of 37 analysts, the earnings estimate of $8.06 per share would be $1.07 better than the year-ago quarter and a $0.13 sequential decrease. The full-year EPS estimate is $33.60 which would be a $4.02 improvement than last year’s full-year earnings. The quarterly earnings estimate is predicated on a consensus revenue forecast of $20.75 Billion. If reported, that would be a 17.03% increase over the year-ago quarter. More recently, Pivotal Research Group upgraded GOOG from Hold to Buy (Apr 11, 2016). Previously, Goldman upgraded GOOG from Neutral to Buy. With the above information in mind, readers should note that the average price target is $924.83, which is 27.63% above where the stock opened this morning. See more in (NASDAQ:GOOG) Similar Articles: Company Update: Google Inc (NASDAQ:GOOG) – Google invented this weird-looking gadget to collect people’s medical info Market Update: Google Inc (NASDAQ:GOOG) – Google Express vs. Amazon Prime Now (GOOG, AMZN) Company Update: Google Inc (NASDAQ:GOOG) – Google Ad Business Under Scrutiny as EU Said to Revive Probe