Monday, June 06, 2016 10:05:21 AM
HOW HIGH CAN ZYNGA (ZNGA) STOCK GO’ ANALYSTS HOLD $4.25
AUTHOR: SIMON HOLDSWORTHPOSTED ON: POSTED ON JUNE 6, 2016
ANALYSTS ARE WEIGHING IN ON HOW ZYNGA INC (NASDAQ:ZNGA) , might perform in the near term…THE STOCK IS RATED AS BUY BY 2 ANALYSTS, WITH 2 OUTPERFORM AND 11 HOLD RATING…
THE ANALYSTS PROJECT THE COMPANY TO MAINTAIN ANNUAL GROWTH OF AROUND 30.00% PERCENT OVER THE NEXT FIVE YEARS AS COMPARED TO AN AVERAGE GROWTH RATE OF 17.19% PERCENT EXPECTED FOR ITS COMPETITORS in the same industry…
Among the 13 analysts Data provided by Thomson/First Call tracks, the 12-month average price target for ZNGA is $2.86 but SOME ANALYSTS ARE PROJECTING THE PRICE TO GO AS HIGH AS $4.25. IF THE OPTIMISTIC ANALYSTS ARE CORRECT, THAT REPRESENTS A 63 PERCENT UPSIDE POTENTIAL FROM THE RECENT CLOSING PRICE OF $2.61…
Source:
http://cwruobserver.com/2016/06/06/how-high-can-zynga-inc-nasdaqznga-stock-go-analysts-hold-4-25/
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