Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Markets & Finance

Deutsche Bank Keeps 'Buy' on eBay

Deutsche Bank reiterates buy on EBay (EBAY).

Analyst Jeetil Patel says his analysis indicates eBay's product listings appear to be tracking at 63% year-over-year growth in the first week of the second quarter. At the current rate of 16.4 million listings, he thinks eBay could could achieve 55% second quarter listings growth vs. his 48% estimate.

Patel reiterates his buy rating on near-term listings momentum, conservative estimates, and a continued vibrant long-term outlook. He says while shares are trading at about 68 times his $1.30 2003 earnings per share estimate, slightly below his $95 12-month price target, he thinks long-term growth and operating margin expansion could prove his estimates conservative in coming quarters.

blog comments powered by Disqus