GoPro Inc (NASDAQ:GPRO), enabler of some of today’s most immersive and engaging content, has announced the availability of its new HERO+ LCD camera. Capturing life-like high definition 1080p60 video and 8MP photos, the HERO+ LCD features a convenient touch display for easy shot framing, settings control and access to an all-new in-camera video trimming feature. Like the entry-level HERO, the HERO+ LCD is built directly into its waterproof housing. The simplicity of this all-in-one design now combines with expanded features to make capturing life’s memorable moments easier than ever.
Built-in Wi-Fi and Bluetooth® connect the HERO+ LCD to your GoPro App-enabled smartphone or tablet for easy camera control and shot preview when your camera is mounted or out of reach. The GoPro App also allows for easy content sharing to Instagram, Facebook, Twitter and more and combines with the new in-camera video trimming feature to form a convenient content sharing solution.
“HERO+ LCD illustrates that even as we push the limits of life capture with bleeding-edge devices like the HERO4 Black, we’re also focused on delivering accessible, high-quality capture solutions to anyone wanting to GoPro,” said Nick Woodman, founder and CEO of GoPro.
Whether you are a first-time user or a GoPro veteran, the HERO+ LCD is an impressive capture solution. It combines GoPro’s famed image quality, versatility and durability with WiFi connectivity, long battery life and touch display convenience in an all-in-one design.
HERO+ LCD $299.99 MSRP – All-in-one awesome + touch-display convenience
- Professional-quality 1080p60 video and 8MP photo capture
- Touch display for convenient camera control, shot framing, and in-camera playback
- Built-in WiFi and Bluetooth enables connectivity to the GoPro App and Smart Remote
- HiLight Tagging lets you mark key moments while recording or during playback for quick and easy editing
- In-camera video trimming allows you to create short clips for easy content sharing without a computer
- Power on and record automatically with the press of a single button with QuikCapture setting
- Long-lasting battery delivers approximately two hours of recording time
- Integrated housing design for simplicity and ease of use
- Supports microSD cards (at least Class 10 or UHS-I) up to 64GB
Shares of GoPro opened today at $56.9 and are currently trading up at $57.1086. GPRO has a 1-year high of $98.47 and a 1-year low of $28.65. The stock’s 50-day moving average is $49.24 and its 200-day moving average is $52.73.
On the ratings front, GoPro has been the subject of a number of recent research reports. In a report released today, Piper Jaffray analyst Erinn Murphy maintained a Buy rating on GPRO, with a price target of $66, which represents a potential upside of 16.0% from where the stock is currently trading. Separately, on May 18, Oppenheimer’s Andrew Uerkwitz upgraded the stock to Hold .
According to TipRanks.com, which ranks over 7,500 financial analysts and bloggers to gauge the performance of their past recommendations, Erinn Murphy and Andrew Uerkwitz have a total average return of 1.4% and 5.8% respectively. Murphy has a success rate of 50.0% and is ranked #1888 out of 3610 analysts, while Uerkwitz has a success rate of 60.0% and is ranked #809.
The street is mostly Bullish on GPRO stock. Out of 15 analysts who cover the stock, 10 suggest a Buy rating and 5 recommend to Hold the stock. The 12-month average price target assigned to the stock is $75.14, which represents a potential upside of 32.1% from where the stock is currently trading.
GoPro Inc develops hardware and software solutions to alleviate consumer pain points associated with capturing, managing, sharing and enjoying engaging content. It produces mountable and wearable cameras and accessories.