Share on StockTwits

Shares of King Digital Entertainment PLC (NYSE:KING) have earned a consensus rating of “Hold” from the fourteen ratings firms that are currently covering the company, StockRatingsNetwork reports. Nine analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $19.32.

KING has been the subject of a number of recent research reports. Analysts at Stifel Nicolaus reiterated a “buy” rating on shares of King Digital Entertainment PLC in a research note on Thursday. They now have a $19.00 price target on the stock, down previously from $23.00. Separately, analysts at Credit Suisse reiterated an “outperform” rating on shares of King Digital Entertainment PLC in a research note on Wednesday. They now have a $17.00 price target on the stock, down previously from $500.00. Finally, analysts at Bank of America reiterated a “neutral” rating on shares of King Digital Entertainment PLC in a research note on Wednesday. They now have a $19.00 price target on the stock, down previously from $22.00.

King Digital Entertainment PLC (NYSE:KING) opened at 13.94 on Friday. King Digital Entertainment PLC has a one year low of $13.65 and a one year high of $23.48. The stock has a 50-day moving average of $19.34 and a 200-day moving average of $18.08. The company has a market cap of $4.320 billion and a P/E ratio of 6.52.

King Digital Entertainment PLC (NYSE:KING) last posted its quarterly earnings data on Tuesday, August 12th. The company reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.02. The company had revenue of $593.60 million for the quarter, compared to the consensus estimate of $455.50 million.

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.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.