Brokerage Firm Rating Update on Electronic Arts (EA)

Electronic Arts (EA) : The consensus on Electronic Arts (EA) based on 15 analyst recommendation on the company stock is 1.47, which is interpreted as a Strong Buy recommendation. Zacks Investment Research has issued a rank of 2 which endorses a Buy on the stock. However, 11 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 3 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Electronic Arts (EA) : The highest level Electronic Arts (EA) is projected to reach is $105 for the short term and the lowest estimate is at $64. The consolidated price target from 13 rating analysts who initiate coverage on the stock is $85.9 and the possibility the share price can swing is $8.98.


For the current week, the company shares have a recommendation consensus of Buy. Also, Major Brokerage house, Barclays maintains its ratings on Electronic Arts (NASDAQ:EA). In the latest research report, Barclays raises the target price from $82 per share to $88 per share. According to the latest information available, the shares are now rated Overweight by the analysts at the agency. The rating by the firm was issued on August 3, 2016.

Electronic Arts (NASDAQ:EA): stock was range-bound between the intraday low of $82.54 and the intraday high of $84.27 after having opened at $83.76 on Wednesdays session. The stock finally closed in the red at $83.76, a loss of -1.34%. The stock remained in the red for the whole trading day. The total traded volume was 3,050,361 shares. The stock failed to cross $84.27 in Wednesdays trading. The stocks closing price on Thursday was $83.87.

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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