Electronic Arts (EA) Receives Price Target

Electronic Arts (EA) : Average target price received by Electronic Arts (EA) is $85.9 with an expected standard deviation of $8.98. The most aggressive target on the stock is $105, whereas the most downbeat target is $64. 13 financial analysts are currently covering the stock.

Electronic Arts (EA) : 11 brokerage houses believe that Electronic Arts (EA) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 3 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Electronic Arts (EA). Zacks Investment Research suggests a Buy with a rank of 2.The median of all the 15 Wall Street Analysts endorse the stock as a Strong Buy with a rating of 1.47.


Also, In a research note released to the investors, Barclays maintains its rating on Electronic Arts (NASDAQ:EA).The analysts at the brokerage house have a current rating of Overweight on the shares. In a recent information released to the investors, Barclays raises the new price target from $82 per share to $88 per share. The rating by the firm was issued on August 3, 2016.

Electronic Arts (NASDAQ:EA): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $81.52 and $81.03 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $81.99. The buying momentum continued till the end and the stock did not give up its gains. It closed at $81.76, notching a gain of 0.65% for the day. The total traded volume was 1,813,935 . The stock had closed at $81.23 on the previous day.

Electronic Arts Inc is a game software content and services provider. The Company develops, markets, publishes and distributes game software content for consumers of various video game machines and electronic devices. It also provides game software-related services. The Companys brands include Battlefield, Mass Effect, Need for Speed, Dragon Age, The Sims, Bejeweled and Plants v. Zombies, as well as brands based on licensed intellectual property such as FIFA, Madden NFL and Star Wars. The Company is organized around three divisions: EA Studios, Maxis and EA Mobile. The EA Studios division develops games and related content and services across a range of game categories, including the FIFA, Madden NFL, Need for Speed, Battlefield, Mass Effect and Dragon Age. The Maxis division creates games, and related content and services that engage player creativity. The EA Mobile division focuses on developing and publishing interactive games for mobile phones and tablets.

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