6 months ago,  Nicholas (New York)  requested consensus on:
Majority Consensus
Yes
52.38%
No
47.62%
graph loading ...
Breakdown
No
Yes
4.76
14.29
14.29
14.29
14.29
19.05
4.76
14.29
Google Inc.
(GOOG)
Target Price:
$745
Timeframe to SELL:
between
05-Dec-12   &   28-Dec-12
The 10-day "consensus window" has closed. Now showing final consensus
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Looking at the stock chart for Google's stock, I notice that $774.38 is the highest price it has reached in the past seven year. So the $745 price target you have in mind might be a reasonable price to sell. And also, since June of this year, when the stock hit rock bottom for the year, it has risen 24%. So, the stock has had a really nice run.

However, the company is experiencing a high level of growth and most likely will surpass its recent high of $774.38 by maybe sometime next year. Why would you want to sell at $745?

I kind of agree with Jason who said below that "Overall market is overbought and overpriced. Google is a momo stock that will get hit harder than most. I see downside on Google to $550, and very little upside to $700".

However, I disagree with Jason that the stock might fall to $550. I think that is a big stretch. The company looks good from a valuations and fundamental perspective. However, I see it being impacted by the dynamics of the overall market .

I would say now would be the time to sell Google as I don't see it going up (anytime soon) to the $745 target you have in mind.

Google has issues:
1. Motorola (What were they thinking when they acquired this company)
2. "Unexpected" rapid drop in Google's price-per-click
3. Google's core advertising business came in well below expectations.

Wow! conspiracy theorists unite! "conspiring"? "conniving Wall Street bankers"???

I am going to assume you are one of those people who believe the "bankers" are out to get us all. Wake up and smell the coffee!

And, by the way 'conspiring and conniving' mean the same thing! Kind of redundant using both of them in the same sentence.

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