Electronic Arts (EA) Gets a Buy Rating from Stifel Nicolaus


Stifel Nicolaus analyst Drew Crum maintained a Buy rating on Electronic Arts (NASDAQ: EA) today and set a price target of $140. The company’s shares closed yesterday at $113.21.

According to TipRanks.com, Crum is a top 100 analyst with an average return of 40.3% and a 86.6% success rate. Crum covers the Consumer Goods sector, focusing on stocks such as Brunswick Corporation, Harley-Davidson, and Mattel Inc.

Electronic Arts has an analyst consensus of Strong Buy, with a price target consensus of $142.11, representing a 25.5% upside. In a report issued on August 30, Robert W. Baird also maintained a Buy rating on the stock with a $154 price target.

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Electronic Arts’ market cap is currently $34.53B and has a P/E ratio of 50.77. The company has a Price to Book ratio of 6.56.

Based on the recent corporate insider activity of 140 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of EA in relation to earlier this year. Last month, Luis Ubinas, a Director at EA sold 7,750 shares for a total of $995,825.

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.

Electronic Arts, Inc. engages in the provision of digital interactive entertainment. The firm develops and delivers games, content, and online services for Internet-connected consoles, mobile devices, and personal computers. It operates through the North America and International geographical segments.

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