Stock analysts at RBC Capital increased their price target on shares of Facebook (NASDAQ:FB) from $32.00 to $40.00 in a report issued on Thursday, Analyst Ratings.Net reports. The firm currently has an “outperform” rating on the stock. RBC Capital’s price target points to a potential upside of 17.61% from the company’s current price.

FB has been the subject of a number of other recent research reports. Analysts at Topeka Capital Markets reiterated a “buy” rating on shares of Facebook in a research note to investors on Thursday. They now have a $40.00 price target on the stock. Separately, analysts at Wells Fargo & Co. reiterated an “outperform” rating on shares of Facebook in a research note to investors on Thursday. They now have a $36.00 price target on the stock, down previously from $38.00. They noted that the move was a valuation call. Finally, analysts at BMO Capital Markets raised their price target on shares of Facebook from $33.00 to $37.00 in a research note to investors on Thursday. They now have an “outperform” rating on the stock.

One analyst has rated the stock with a sell rating, eleven have issued a hold rating, twenty-nine have given a buy rating and one has given a strong buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $36.75.