Oppenheimer analyst Brian Nagel maintained a Hold rating on GameStop (NYSE: GME) today. The company’s shares opened today at $15.81.
According to TipRanks.com, Nagel is a 5-star analyst with an average return of 8.2% and a 65.4% success rate. Nagel covers the Services sector, focusing on stocks such as Restoration Hardware Holdings Inc, Dick’s Sporting Goods, and Advance Auto Parts.
Currently, the analyst consensus on GameStop is Hold and the average price target is $13.83, representing a -12.5% downside.
In a report issued on June 19, Credit Suisse also maintained a Hold rating on the stock with a $15 price target.
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GameStop’s market cap is currently $1.6B and has a P/E ratio of 314.2. The company has a Price to Book ratio of 0.73.
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GameStop Corp. engages in the retail of multichannel video game, consumer electronics, and wireless services. It operates through the following segments: United States, Canada, Australia, Europe, and Technology Brands.
