ZNGA: 15 ANALYSTS REPORTED PRICE TARGET FOR ZYNGA,INC.,MIGHT,TOUCH,$5,HIGH
NEWS ORACLE
BUSINESS AND FINANCIAL INSIGHT
ANALYSTS RECOMMENDATIONS: ZYNGA INCORPORATED (NASDAQ:ZNGA)
BY ADAM SMITH -
AUG 25, 2016
MANY ANALYSTS ARE PROVIDING THEIR ESTIMATED EARNINGS ANALYSIS FOR ZYNGA INC. AND FOR THE CURRENT QUARTER 16 ANALYSTS HAVE PROJECTED THAT THE STOCK COULD GIVE AN AVERAGE EARNINGS ESTIMATE OF $0.01/SHARE. These analysts have also projected a Low Estimate of $0/share and A HIGH ESTIMATE OF $0.02/SHARE.
IN CASE OF REVENUE ESTIMATES, 14 ANALYSTS have provided their consensus AVERAGE REVENUE ESTIMATES FOR ZYNGA INC. AS 187.25 MILLION. According to these analysts, the LOW REVENUE ESTIMATE FOR ZYNGA INC. IS 180 MILLION and the HIGH REVENUE ESTIMATE IS 195.2 MILLION. THE COMPANY HAD YEAR AGO SALES OF 175.98 MILLION.
Some buy side analysts are also providing their Analysis on Zynga Inc., WHERE 2 ANALYSTS HAVE RATED THE STOCK AS STRONG BUY, 3 ANALYSTS HAVE GIVEN A BUY SIGNAL, 9 SAID IT’S A HOLD, 3 REPORTED IT AS UNDERPERFORM AND 0 ANALYSTS RATED THE STOCK AS SELL. (These Recommendations are for the Current Month Only reported by Yahoo Finance.)
When it comes to the Analysis of a Stock, Price Target plays a vital role. 15 ANALYSTS REPORTED THAT THE PRICE TARGET FOR ZYNGA INC. MIGHT TOUCH $5 HIGH while the Average Price Target and Low price Target is $3.17 and $2.5 respectively.
To analyze a stock, one should look for Upgrades and Downgrades of a stock. Zynga Inc. got Initiated on 14-Jul-15 where investment firm Morgan Stanley Initiated the stock to Equal-Weight...
Source:
www.newsoracle.com/2016/08/25/analysts-recommendations-zynga-incorporated-nasdaqznga/
