In a report released yesterday, Evan Wingren from KeyBanc maintained a Buy rating on Electronic Arts (NASDAQ: EA), with a price target of $168. The company’s shares closed on Friday at $146.65, close to its 52-week high of $147.13.
Wingren has an average return of 25.2% when recommending Electronic Arts.
According to TipRanks.com, Wingren is ranked #570 out of 4831 analysts.
Currently, the analyst consensus on Electronic Arts is Strong Buy and the average price target is $146, representing a -0.4% downside.
In a report issued on June 11, Piper Jaffray also reiterated a Buy rating on the stock with a $148 price target.
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Electronic Arts’ market cap is currently $44.87B and has a P/E ratio of 43.91. The company has a Price to Book ratio of 9.77.
Based on the recent corporate insider activity of 143 insiders, corporate insider sentiment is neutral on the stock. Last month, Joel Linzner, the EVP Worldwide Business Affairs of EA sold 6,000 shares for a total of $790,320.
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.
