Gamestop Corporation (NYSE:GME) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.31 by 13 Brokerage Firm. 5 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 6 Brokerage Firms have advised hold. 1 Analysts have rated it as strong sell.
Other Equity analysts have also commented on the company shares. Equity Analysts at the Brokerage Firm, Benchmark, maintains their rating on the shares of Gamestop Corporation (NYSE:GME). Benchmark has a Sell rating on the shares. As per the latest research report, the brokerage house lowers the price target to $26.33 per share from a prior target of $27.36. The rating by the firm was issued on March 28, 2016.
Gamestop Corporation (NYSE:GME): The stock price is expected to reach $ 36.15 in the short term. The number of analysts agreeing with this consensus is 9. The higher estimate for the short term price target is at $45 while the lower estimate is at $26. The standard deviation of the price stands at $5.96.
Gamestop Corporation (NYSE:GME) witnessed a decline in the market cap on Tuesday as its shares dropped 2.12% or 0.56 points. After the session commenced at $26.37, the stock reached the higher end at $26.45 while it hit a low of $25.71. With the volume soaring to 1,569,775 shares, the last trade was called at $25.84. The company has a 52-week high of $47.825. The company has a market cap of $2,686 million and there are 103,952,269 shares in outstanding. The 52-week low of the share price is $24.33.
Shares of GameStop Corp. appreciated by 0.43% during the last five trading days but lost 8.08% on a 4-week basis. GameStop Corp. has dropped 13.26% during the last 3-month period . Year-to-Date the stock performance stands at -5.57%.
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.