GameStop Corporation – Consensus Says Potential of -44.0% Downside

GameStop Corporation with ticker code (GME) now have 3 analysts covering the stock. Analysts’ consensus points to a rating of “Underperformance”. The range between the high target price and the low target price is between 180 and 24 by calculating the average target price that we see 83. Now with the previous close price of 148.31, this indicates that there is a downside potential of -44.0%. The 50 day moving average is now at 185.56 and the 200 day MA is 187.13. The company’s market capitalization is $ 11,182 million. Company website:

GameStop Corp., a specialty retailer, provides games and entertainment products through its e-commerce properties and various stores in the United States, Canada, Australia and Europe. The company sells new and used video game platforms; accessories, such as controllers, gaming headsets, virtual reality products and memory cards; new and used video game software; and in-game digital currency, digital downloadable content and full game downloads, as well as network point cards and prepaid digital and subscription cards. It also sells collectibles that include licensed merchandise primarily related to the video game, television, and film industries, as well as pop culture themes. The Company operates its stores and e-commerce sites under the GameStop, EB Games and Micromania brands; and collectibles stores under the Zing Pop Culture and ThinkGeek brands, as well as Game Informer, a print and digital video game publication featuring reviews of new titles, game tips and industry news. video game. As of January 30, 2021, it operated 4,816 stores. The company was formerly known as GSC Holdings Corp. GameStop Corp. was founded in 1996 and is headquartered in Grapevine, Texas.

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