Company Update (NASDAQ:GPRO): NHL, NHLPA Partner With GoPro To Deliver Hockey Fans Unique Perspectives Of The Game
The National Hockey League (NHL) and the National Hockey League Players’ Association (NHLPA) today announced a North American partnership with GoPro, the maker of the world’s most versatile camera and enabler of some of today’s most immersive and engaging content. The agreement is GoPro’s first with a major professional sports league. As part of this unprecedented partnership, the NHL will use GoPro’s innovative equipment and expertise to deliver hockey fans never-before-seen perspectives of the game and the talents of the top players in high-definition video content during national and regional game broadcasts and across the digital and social media platforms of the NHLPA, NHL and GoPro… Read more »
Shares of GoPro Inc opened today at $48.8 and are currently trading up at $49.522. GPRO has a 1-year high of $98.47 and a 1-year low of $28.65. The stock’s 50-day moving average is $59.99 and it’s 200-day moving average is $62.14.
On the ratings front, GoPro Inc has been the subject of a number of recent research reports. In a report published on January 21, analyst Andrew Uerkwitz from Oppenheimer reiterated a Sell rating on GPRO, with a price target of $45, which implies a downside of 7.8% from current levels. Separately, on January 14, JMP`s Alex Gauna assigned a Buy rating to GoPro Inc shares and has a price target of $105.
In total, one research analyst has rated the stock with a Sell rating, 7 research analysts have assigned a Hold rating and 8 research analysts have given a Buy rating to the stock. When considering if perhaps the stock is under or overvalued, the average price target is $48.8 which is 65.8% above where the stock opened today.
GoPro Inc GoPro Inc developes hardware and software solutions to alleviate consumer pain points associated with capturing, managing, sharing and enjoying engaging content. It produces mountable and wearable cameras and accessories.