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King Digital Entertainment PLC (NYSE:KING) was downgraded by equities researchers at Pacific Crest from an “outperform” rating to a “sector perform” rating in a research report issued on Monday, TheFlyOnTheWall.com reports.

Several other analysts have also recently commented on the stock. Analysts at Zacks upgraded shares of King Digital Entertainment PLC from an “underperform” rating to a “neutral” rating in a research note on Tuesday, August 5th. They now have a $19.80 price target on the stock. Separately, analysts at Bank of America downgraded shares of King Digital Entertainment PLC from a “buy” rating to a “neutral” rating in a research note on Wednesday, July 23rd. They now have a $22.00 price target on the stock, down previously from $23.00. They noted that the move was a valuation call. Finally, analysts at Piper Jaffray upgraded shares of King Digital Entertainment PLC from a “neutral” rating to an “overweight” rating in a research note on Monday, July 7th. They now have a $28.00 price target on the stock, up previously from $19.00. Four analysts have rated the stock with a hold rating and nine have given a buy rating to the company. King Digital Entertainment PLC has a consensus rating of “Buy” and a consensus price target of $25.37.

Shares of King Digital Entertainment PLC (NYSE:KING) traded down 3.11% on Monday, hitting $18.69. The stock had a trading volume of 739,087 shares. King Digital Entertainment PLC has a 52-week low of $15.26 and a 52-week high of $23.48. The stock’s 50-day moving average is $19.44 and its 200-day moving average is $18.16. The company has a market cap of $5.938 billion and a price-to-earnings ratio of 9.62.

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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