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Stock analysts at BMO Capital Markets began coverage on shares of King Digital Entertainment PLC (NASDAQ:KING) in a report issued on Monday, TheFlyOnTheWall.com reports. The firm set an “outperform” rating and a $25.00 price target on the stock. BMO Capital Markets’ target price suggests a potential upside of 40.06% from the stock’s previous close.

Shares of King Digital Entertainment PLC (NASDAQ:KING) traded up 5.12% on Monday, hitting $17.85. The stock had a trading volume of 3,481,742 shares. King Digital Entertainment PLC has a 52-week low of $15.26 and a 52-week high of $21.39. The stock has a 50-day moving average of $16.7 and a 200-day moving average of $17.39. The company has a market cap of $5.671 billion and a price-to-earnings ratio of 8.47. King Digital Entertainment PLC also was the recipient of unusually large options trading activity on Friday. Stock traders bought 11,964 call options on the stock. This is an increase of 1,291% compared to the typical volume of 860 call options.

King Digital Entertainment PLC (NASDAQ:KING) last issued its quarterly earnings data on Wednesday, May 7th. The company reported $0.41 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.57 by $0.16. The company had revenue of $606.70 million for the quarter, compared to the consensus estimate of $205.90 million. The company’s quarterly revenue was up 194.7% on a year-over-year basis.

A number of other firms have also recently commented on KING. Analysts at Pacific Crest initiated coverage on shares of King Digital Entertainment PLC in a research note on Monday, May 5th. They set an “outperform” rating and a $21.00 price target on the stock. Separately, analysts at Deutsche Bank initiated coverage on shares of King Digital Entertainment PLC in a research note on Monday, May 5th. They set a “buy” rating and a $27.00 price target on the stock. Finally, analysts at Piper Jaffray initiated coverage on shares of King Digital Entertainment PLC in a research note on Monday, May 5th. They set a “neutral” rating and a $19.00 price target on the stock. Two equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $24.67.

King Digital Entertainment plc is an interactive entertainment company. The Company’s games include Candy Crush Saga, Pet Rescue Saga, Farm Heroes Saga, Papa Pear Saga and Bubble Witch Saga.

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