Robert W. Baird Gives Outperform Rating to GameStop Corp (GME)
Several other analysts have also recently commented on the stock. Analysts at Needham & Company downgraded shares of GameStop Corp from a “buy” rating to a “hold” rating in a research note to investors on Wednesday, April 11st. Separately, analysts at Zacks reiterated a “neutral” rating on shares of GameStop Corp in a research note to investors on Wednesday, March 28th. They now have a $25.00 price target on the stock. Finally, analysts at Ascendiant Capital Markets initiated coverage on shares of GameStop Corp in a research note to investors on Wednesday, March 21st. They set a “buy” rating and a $30.00 price target on the stock.
GameStop Corp traded up 3.10% on Friday, hitting $20.96. GameStop Corp has a 52-week low of $18.34 and a 52-week high of $28.66. The company has a market cap of $2.808 billion and a price-to-earnings ratio of 8.44.
GameStop Corp last posted its quarterly earnings results on Thursday, March 22nd. The company reported $1.73 earnings per share for the quarter, meeting the analysts’ consensus estimate of $1.73. GameStop Corp’s revenue was down 3.1% compared to the same quarter last year. Analysts expect that GameStop Corp will post $0.26 EPS next quarter.
GameStop Corp. (GameStop) is a retailer of video game products and personal computer (PC) entertainment software.