Electronic Arts Inc. (NASDAQ:EA) target price raised to $84.80, reported today by Vetr Inc.
- Updated: September 16, 2016
Vetr Inc. upped the estimated target of Electronic Arts Inc. (NASDAQ:EA) to $85, reporting a possible upside of 0.02%.
On 9/12/2016, Stifel Nicolaus released a statement on Electronic Arts Inc.(NASDAQ:EA) raised the target price from $83.00 to $87.00. At the time, this indicated a possible upside of 0.09%.
Only yesterday Electronic Arts Inc. (NASDAQ:EA) traded 0.58% lower at $82.89. Electronic Arts Inc.’s 50-day moving average is $80.41 and its 200-day moving average is $72.93. With the last stock close up 13.66% from the two hundred day moving average, compared to the S&P 500 which has fallen -0.01% over the same time. Trade volume was was up over the average, with 3,732,351 shares of EA changing hands over the typical 3,224,880 shares..
See Graph Below:
With a total market value of $0.0, Electronic Arts Inc. has a P/E of 23 with a 52 week low of $53.01 and a 52 week high of $84.45.
A total of 19 brokerages have released a report on the company. Six firms rate the stock a strong buy, 12 firms rate the stock a buy, three firms rate the company a hold, 0 rate the company to underperform, and lastly 0 brokeragesrate the stock as sell with a consensus target stock price of $83.40
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, and such as the Apple Application Store and Google Play.
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