Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Ambarella (NASDAQ:AMBA) and Electronic Arts (NASDAQ:EA).
Ambarella (AMBA)
Deutsche Bank analyst Ross Seymore maintained a Hold rating on Ambarella today and set a price target of $38. The company’s shares closed yesterday at $39.75, close to its 52-week low of $37.10.
According to TipRanks.com, Seymore is a top 100 analyst with an average return of 27.4% and a 80.6% success rate. Seymore covers the Consumer Goods sector, focusing on stocks such as Monolithic Power, Maxlinear Inc, and Marvell.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ambarella with a $47.33 average price target, representing a 19.1% upside. In a report released today, Needham also maintained a Hold rating on the stock.
.
See today’s analyst top recommended stocks >>
Electronic Arts (EA)
BMO Capital analyst Gerrick Johnson maintained a Buy rating on Electronic Arts today and set a price target of $140. The company’s shares closed yesterday at $115.94.
According to TipRanks.com, Johnson is a 4-star analyst with an average return of 10.8% and a 56.8% success rate. Johnson covers the Consumer Goods sector, focusing on stocks such as Harley-Davidson, Take-Two, and Polaris.
Electronic Arts has an analyst consensus of Strong Buy, with a price target consensus of $153.20, representing a 32.1% upside. In a report released yesterday, Robert W. Baird also maintained a Buy rating on the stock with a $154 price target.
.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
