Gamestop Corporation (GME) : Zacks Investment Research ranks Gamestop Corporation (GME) as 3, which is a Hold recommendation. 7 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 3 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 12 research analysts is 1.92, which indicates as a Buy.
Gamestop Corporation (GME) : The consensus price target for Gamestop Corporation (GME) is $35.59 for the short term with a standard deviation of $4.8. The most optimist securities analyst among the 9 who monitor the stock believes that the stock can reach $42, however, the pessimist price target for the company is $26.
Shares of GameStop Corp. rose by 2.95% in the last five trading days and 3.92% for the last 4 weeks. GameStop Corp. is up 13.28% in the last 3-month period. Year-to-Date the stock performance stands at 17.27%. Gamestop Corporation (NYSE:GME): stock turned positive on Tuesday. Though the stock opened at $32.03, the bulls momentum made the stock top out at $32.67 level for the day. The stock recorded a low of $31.83 and closed the trading day at $32.09, in the green by 2.00%. The total traded volume for the day was 2,840,347. The stock had closed at $31.46 in the previous days trading.
GameStop Corp. is a multichannel video game, consumer electronics and wireless services retailer. The Company operates its business in four Video Game Brands segments: United States, Canada, Australia and Europe, and a Technology Brands segment. The Video Game Brands segments include 6,206 stores, 4,138 of which are included in the United States segment. There are 331, 421, and 1,316 stores in the Canadian, Australian and European segments, respectively. Each of the Video Game Brands segments consists primarily of retail operations, with all stores engaged in the sale of video game systems, software and accessories. Its Video Game Brands stores sell various types of digital products, including downloadable content, network points cards and prepaid digital, among others. They also carry mobile and consumer electronics products, which consist primarily of mobile devices, tablets and related accessories. Its Technology Brands segment includes its Spring Mobile and Simply Mac businesses.