A statement released earlier today by Vetr Inc. about Electronic Arts Inc. (NASDAQ:EA) bumps the target price to $93.33
- Updated: October 12, 2016
Stating a potential upside of 0.13%, Vetr Inc. increased the stock price target of Electronic Arts Inc. (NASDAQ:EA) to $93.33
Yesterday Electronic Arts Inc. (NASDAQ:EA) traded -1.01% lower at $82.60. The company’s 50-day moving average is $83.08 and its 200-day moving average is $75.45. The last closing price is up 9.38% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 2,395,223 shares of the stock traded hands, down from an average trading volume of 3,099,230
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Electronic Arts Inc. has a 52 week low of $53.01 and a 52 week high of $86.07 with a P/E ratio of 23.25 The company’s market cap is currently $0.
In addition to Vetr Inc. 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.
General Information About Electronic Arts Inc. (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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