Electronic Arts (EA) Receives ‘Analyst’ Rating

Electronic Arts (EA) : Zacks Investment Research ranks Electronic Arts (EA) as 2, which is a Buy recommendation. 11 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. A total of 3 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 15 research analysts is 1.47, which indicates as a Strong Buy.

Electronic Arts (EA) : The most positive equity analysts on Electronic Arts (EA) expects the shares to touch $105, whereas, the least positive believes that the stock will trade at $64 in the short term. The company is covered by 13 Wall Street Brokerage Firms. The average price target for shares are $86.2 with an expected fluctuation of $8.94 from the mean.


Also, Brokerage firm Barclays maintains its rating on Electronic Arts (NASDAQ:EA). As per the latest information, the brokerage house raises the price target to $88 per share from a prior target of $82. The shares have been rated Overweight. The rating by the firm was issued on August 3, 2016.

Electronic Arts (NASDAQ:EA): After opening at $80.56, the stock dipped to an intraday low of $80.56 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $83.67 and the buying power remained strong till the end. The stock closed at $83.37 for the day, a gain of 3.14% for the day session. The total traded volume was 3,167,659. The stocks close on the previous trading day was $80.83.

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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