Monday, December 28, 2015 5:24:34 AM
Zynga Inc (NASDAQ:ZNGA) Receives Average RATING OF “HOLD” FROM ANALYSTS
POSTED ON DECEMBER 26, 2015 by Micah Smith in Investing, Consensus Rating Articles
Shares of Zynga Inc (NASDAQ:ZNGA) have been given an average rating of “Hold” by the twenty research firms that are currently covering the company, AnalystRatings.Net reports. Three analysts have rated the stock with a sell recommendation, thirteen have given a hold recommendation and three have issued a buy recommendation on the company. The average 1 year target price among brokerages that have covered the stock in the last year is $3.26.
Several equities research analysts have weighed in on the company. Zacks Investment Research downgraded Zynga from a “buy” rating to a “hold” rating in a research report on Wednesday, October 7th. Benchmark Co. increased their price target on Zynga from $3.01 to $3.25 and gave the stock a “keeps buy” rating in a research report on Wednesday, November 4th. Vetr downgraded Zynga from a “strong-buy” rating to a “strong sell” rating and set a $1.92 price target on the stock. in a research report on Tuesday, November 10th. Wedbush dropped their target price on Zynga from $6.00 to $5.50 and set an “outperform” rating on the stock in a research report on Wednesday, November 4th. Finally, Oppenheimer started coverage on Zynga in a research report on Thursday, November 12th. They set a “market perform” rating on the stock....
Shares of Zynga (NASDAQ:ZNGA) opened at 2.71 on Monday. The stock’s market capitalization is $2.53 billion. The company has a 50 day moving average price of $2.57 and a 200-day moving average price of $2.59. Zynga has a 52-week low of $2.20 and a 52-week high of $3.13.
...On average, analysts predict that Zynga will post ($0.02) earnings per share for the current fiscal year.
Source:
www.storminvestor.com/zynga-inc-nasdaqznga-receives-average-rating-of-hold-from-analysts/208165/
Zynga Inc. Price Target Update
December 23, 2015
Zynga Inc. (NASDAQ:ZNGA): The mean estimate for the short term price target for Zynga Inc. (NASDAQ:ZNGA) stands at $3.37 according to 12 Analysts. The higher price target estimate for the stock has been calculated at $6 while the lower price target estimate is at $2.
During the last several months other analysts have commented on the company rating. Oppenheimer initiates coverage on Zynga Inc. (NASDAQ:ZNGA). Based on the information available, the shares are now rated Perform by the analysts at the agency. The rating by the firm was issued on November 12, 2015.
Analysts at Zacks have given a short term rating of hold on Zynga Inc. (NASDAQ:ZNGA) with a rank of 3. The shares has received an average rating of 2.6 from 15 brokerage firms. 4 analysts have rated the company as a strong buy. The shares has been rated as hold from 9 Wall Street Analysts. A sell call was given by 2 analyst.
Shares of Zynga, Inc. rose by 0.39% in the last five trading days and 1.57% for the last 4 weeks. Zynga, Inc. is up 7.95% in the last 3-month period...
Source:
www.insidertradingreport.org/zynga-inc-price-target-update-3/6205524/
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