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Zynga (NASDAQ:ZNGA) has earned a consensus rating of “Hold” from the seventeen brokerages that are currently covering the company, StockRatingsNetwork.com reports. Two equities research analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and one has assigned a buy recommendation to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $3.85.

A number of analysts have recently weighed in on ZNGA shares. Analysts at Wedbush cut their price target on shares of Zynga from $7.00 to $6.00 in a research note on Friday. Separately, analysts at Benchmark Co. cut their price target on shares of Zynga from $3.08 to $2.83 in a research note on Friday. Finally, analysts at BMO Capital Markets cut their price target on shares of Zynga from $4.50 to $3.25 in a research note on Friday.

Zynga (NASDAQ:ZNGA) opened at 2.88 on Tuesday. Zynga has a 1-year low of $2.70 and a 1-year high of $5.89. The stock’s 50-day moving average is $3.04 and its 200-day moving average is $3.90. The company’s market cap is $2.547 billion. Zynga also was the target of some unusual options trading on Thursday. Stock traders acquired 72,569 call options on the company. This represents an increase of approximately 596% compared to the average volume of 10,423 call options.

Zynga (NASDAQ:ZNGA) last issued its quarterly earnings data on Thursday, August 7th. The company reported ($0.07) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.03) by $0.04. The company had revenue of $153.00 million for the quarter, compared to the consensus estimate of $191.21 million. During the same quarter in the prior year, the company posted ($0.01) earnings per share. The company’s quarterly revenue was down 33.7% on a year-over-year basis. On average, analysts predict that Zynga will post $0.02 earnings per share for the current fiscal year.

Zynga Inc (NASDAQ:ZNGA) is the provider of social game services.

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