Zynga (ZNGA) : 10 analysts are covering Zynga (ZNGA) and their average rating on the stock is 2.4, which is read as a Buy. 4 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. 2 more analyst has given the stock a Sell recommendation. A total of 4 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Zynga (ZNGA) : The highest short term price target forecast on Zynga (ZNGA) is $5 and the lowest target price is $3. A total of 9 equity analysts are currently covering the company. The average price of all the analysts is $3.32 with a standard deviation of $0.83.
Zynga, Inc. has lost 0.75% in the last five trading days and dropped 6.01% in the last 4 weeks. Zynga, Inc. is up 3.91% in the last 3-month period. Year-to-Date the stock performance stands at -0.75%. Zynga (NASDAQ:ZNGA): stock turned positive on Tuesday. Though the stock opened at $2.65, the bulls momentum made the stock top out at $2.68 level for the day. The stock recorded a low of $2.65 and closed the trading day at $2.66, in the green by 0.38%. The total traded volume for the day was 5,638,643. The stock had closed at $2.65 in the previous days trading.
Zynga Inc. (Zynga) is a provider of social game services. The Company develops markets and operates social games as live services played on mobile platforms, such as iOS and Android, and social networking sites, such as Facebook. The Companys games are also accessible on Zynga.com. The Company has developed online social games, such as FarmVille, Words With Friends, Zynga Poker, Hit It Rich! Slots and CSR Racing. The Company is also engaged in the sale of virtual currency that players use to buy in-game virtual goods, and mobile games. It also offers advertising services, such as Branded Virtual Goods and Sponsorships, Engagement Ads and Offers, Mobile Ads, Display Ads and Licensing of Companys brands.