Credit Suisse analyst Seth Sigman maintained a Sell rating on GameStop (GME) yesterday and set a price target of $3.50. The company’s shares closed last Wednesday at $5.35.
According to TipRanks.com, Sigman is a 4-star analyst with an average return of 3.9% and a 52.4% success rate. Sigman covers the Consumer Goods sector, focusing on stocks such as Camping World Holdings, Floor & Decor Holdings, and Dick’s Sporting Goods.
Currently, the analyst consensus on GameStop is a Moderate Sell with an average price target of $4.08.
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The company has a one-year high of $6.92 and a one-year low of $2.57. Currently, GameStop has an average volume of 4.13M.
Based on the recent corporate insider activity of 28 insiders, corporate insider sentiment is neutral on the stock.
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.
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. The United States segment includes the retail operations and electronic commerce websites www.gamestop.com and www.thinkgeek.com, Game Informer magazine, and Kongregate. The Canada segment comprises of retail and e-commerce business. The Australia segment refers to the retail and e-commerce operations in Australia and New Zealand. The Europe segment pertains to the retail and e-commerce operations in the European countries. The Technology Brands segment consists of Spring Mobile managed AT&T and Cricket Wireless branded stores, and Simply Mac stores. The company was founded in June 2000 and is headquartered in Grapevine, TX.
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