eBay "hold"

28.08.07 - Deutsche Securities

NEW YORK, August 28 (newratings.com) - Analysts at Deutsche Bank Securities maintain their "hold" rating on eBay (EBAY). The target price is set to $33.

In a research note published yesterday, the analysts mention that the company?s share price is likely to remain range bound going forward due to a challenging environment and absence of consistent listings growth. Listings on eBay?s US and UK sites are decelerating, while listings on the German site continue to be weak due to fundamental challenges in generating demand, the analysts add.