A statement released earlier today by Oppenheimer about Electronic Arts (NASDAQ:EA) bumps the target price to $94.00
- Updated: October 14, 2016
Yesterday Electronic Arts (NASDAQ:EA) traded 2.13% higher at $81.76. The company’s 50-day moving average is $83.06 and its 200-day moving average is $75.50. With the last close up 10.60% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Volume of trade was down over the average, with 700,902 shares of EA changing hands under the typical 3,097,780
Oppenheimer bumped up the target of Electronic Arts (NASDAQ:EA) to $94.00 indicating a possible upside of 0.15%.
Previously on 10/12/2016, Vetr Inc. reported about Electronic Arts (NASDAQ:EA) raised the target price from $0.00 to $93.33. At the time, this indicated a possible upside of 0.13%.
With a total market value of $0, Electronic Arts has price-earnings ratio of 23.52 with a 52 week low of $53.01 and a 52 week high of $86.07 .
In addition to Oppenheimer reporting its stock price target, a total of 19 brokers have issued a research note on the company. The average stock price target is $83.40 with 6 brokers rating the stock a strong buy, 12 brokers rating the stock a buy, 3 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
Brief Synopsis On Electronic Arts (NASDAQ:EA)
Electronic Arts Inc. develops, markets, publishes and distributes games, content and services that can be played by consumers on a range of platforms, which include consoles, personal computers (PCs), mobile phones and tablets. The Company's games and services are based on a portfolio of intellectual property that includes established brands, such as FIFA, Madden NFL, Star Wars, Battlefield, the Sims and Need for Speed. The Company markets and sells its games and services through retail channels and through digital distribution channels. The Company's PC games and additional content can be downloaded directly through its Origin online platform, as well as through third-party online download stores. Its mobile, tablet and PC free-to-download games and additional content are available through third-party application storefronts, such as the Apple Application Store and Google Play.
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