Giant Interactive Group Upgraded to Outperform by Zacks (GA)
Giant Interactive Group (NYSE:GA) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a note issued to investors on Tuesday, Analyst Ratings Net reports. The firm currently has a $11.70 price objective on the stock. Zacks‘ price objective would indicate a potential upside of 6.56% from the stock’s previous close.
Giant Interactive Group (NYSE:GA) traded up 0.18% on Tuesday, hitting $10.97. 590,967 shares of the company’s stock traded hands. Giant Interactive Group has a 1-year low of $5.75 and a 1-year high of $11.47. The stock’s 50-day moving average is $11.02 and its 200-day moving average is $9.47. The company has a market cap of $2.629 billion and a P/E ratio of 14.80.
Giant Interactive Group (NYSE:GA) last issued its quarterly earnings data on Wednesday, November 6th. The company reported $0.25 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.22 by $0.03. The company had revenue of $96.40 million for the quarter, compared to the consensus estimate of $97.23 million. During the same quarter last year, the company posted $0.22 earnings per share. Giant Interactive Group’s revenue was up 11.5% compared to the same quarter last year. Analysts expect that Giant Interactive Group will post $0.93 EPS for the current fiscal year.
Giant Interactive Group Inc (NYSE:GA) is an online game developer and operator in China.
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