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Benchmark recorded GameStop (NYSE:GME), cutting its price target to $15.00 earlier today

Benchmark bumped down the target of GameStop (NYSE:GME) to $15.00 stating a potential downside of -0.20%.

On 11/22/2017, Benchmark released a statement for GameStop (NYSE:GME) bumped down the target price from $18.00 to $15.00 that suggested a downside of -0.20%.

Boasting a price of $18.69, GameStop (NYSE:GME) traded 0.40% higher on the day. With the last stock price close down -6.19% from the two hundred day average, compared with the S&P 500 Index which has increased 0.01% over the date range. GameStop has recorded a 50-day average of $19.94 and a two hundred day average of $21.46. Volume of trade was down over the average, with 1,690,249 shares of GME changing hands under the typical 2,319,980

Performance Chart

GameStop (NYSE:GME)

With a total market value of $0, GameStop has price-earnings ratio of 6.06 with a one year low of $18.47 and a one year high of $26.85 .

A total of 11 equity analysts have released a research note on GME. Three equity analysts rating the company a strong buy, three equity analysts rating the company a buy, seven equity analysts rating the company a hold, one equity analyst rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $35.54.

Brief Synopsis About GameStop (NYSE:GME)

GameStop Corp. is an omnichannel video game retailer. The Company sells video game hardware, physical and digital video game software, video game accessories, as well as mobile and consumer electronics products and other merchandise through its GameStop, EB Games and Micromania stores. It operates its business in five segments, which consists of four Video Game Brands segments: United States, Canada, Australia and Europe, and Technology Brands segment. Each of the Video Game Brands segments consists primarily of retail operations, with all stores engaged in the sale of new and pre-owned video game systems, software and accessories, which it refers to as video game products. Its Video Game Brands stores sell various types of digital products, including downloadable content, network points cards, prepaid digital, and also sell certain mobile and consumer electronics products and collectible products. Its Technology Brands segment includes its Spring Mobile and Simply Mac businesses.

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