Electronic Arts (NASDAQ:EA) stock price target increased to $88.00, released a report earlier today by Stifel
- Updated: October 16, 2016
Stating a potential upside of 0.07%, Stifel upped the price target of Electronic Arts (NASDAQ:EA) to $88.00
On 10/14/2016, Oppenheimer released a statement on Electronic Arts (NASDAQ:EA) upped the target price from $88.00 to $94.00 that suggested an upside of 0.15%.
Having a price of $82.59, Electronic Arts (NASDAQ:EA) traded 1.02% higher on the day. With the last close up 9.21% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Electronic Arts has recorded a 50-day average of $83.09 and a two hundred day average of $75.63. Volume of trade was down over the average, with 2,658,305 shares of EA changing hands under the typical 3,089,340
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Electronic Arts has a price-earnings ratio of 23.26 with a one year low of $53.01 and a one year high of $86.07 The company’s market cap is currently $0.
In addition to Stifel reporting its target price, a total of 19 firms have reported on the stock. The consensus target price is $83.40 with 6 brokerages rating the stock a strong buy, 12 brokerages rating the stock a buy, 3 brokerages rating the stock a hold, 0 analysts rating the company a underperform, and lastly zero analysts rating the company a sell.
More About 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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