Electronic Arts Incorporated (NASDAQ: EA) received a consensus “buy” recommendation from the 27 analysts that are researching the stock. 11 analysts gave a rating of “hold” while 14 analysts gave a rating of “buy”. The consensus price objective over a period of 12 months currently stands at $158.56.
Stock Commentary Of NASDAQ EA
Several research analysts have issued their reports for NASDAQ EA recently. Moffett Nathanson started covering the stock on 24th June, Thursday. They issued a rating of “neutral” while setting an objective price of $151. Jefferies Financial Group started covering the stock on 22nd April, Thursday. They issued a rating of “buy” while giving an objective price of $165. Barclays decreased their target price to $142 from $145 while issuing a rating of “equal weight” on 12th May, Wednesday. Needham & Company LLC reissued a rating of “buy” while giving a target price of $165 on 12th May, Wednesday. Credit Suisse Group decreased their price target to $165 from $167 while issuing a rating of “outperform” on 17th May, Monday.
Chris Bruzzo, an EVP, sold off 2,500 shares on 1st July, Thursday at a $142.33 average price per share. Vijayanthimala Singh, an insider, sold off 800 NASDAQ EA shares at a $146.66 average price per share on 14th June, Monday. Ninety One UK Ltd, Nuveen Asset Management LLC, Geode Capital Management LLC, Public Investment Fund, and BlackRock Inc. all increased their shares of NASDAQ EA stocks.
On Wednesday, the opening value of NASDAQ EA was $143. The moving average over a period of 50 days currently stands at $142.13. The market capitalization value stands at $40.93Bn with a 0.89 beta. The highest and lowest value of the stock over a period of 12 months currently stands at $150.30 and $110.15 respectively.
