Electronic Arts (EA) : Analyst Rating Update

Electronic Arts (EA) has an average broker rating of 1.33, which is interpreted as a Strong Buy, as rated by 15 equity analysts. Nonetheless, 12 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 2 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

Electronic Arts (EA) stock is expected to deviate a maximum of $8.51 from the average target price of $83.58 for the short term period. 15 Street Experts have initiated coverage on the stock with the most promising target being $105 and the most muted being $64.

Electronic Arts (NASDAQ:EA): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $75.42 and $75.01 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $77.15. The buying momentum continued till the end and the stock did not give up its gains. It closed at $76.74, notching a gain of 1.12% for the day. The total traded volume was 2,275,524 . The stock had closed at $75.89 on the previous day.

Also, BMO Capital initiates coverage on Electronic Arts (NASDAQ:EA) The brokerage firm has issued a Market Perform rating on the shares. The rating by the firm was issued on April 27, 2016. The company shares have rallied 9.99% from its 1 Year high price. On Jun 7, 2016, the shares registered one year high at $78.09 and the one year low was seen on Feb 8, 2016. The 50-Day Moving Average price is $75.04 and the 200 Day Moving Average price is recorded at $67.42.

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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