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King Digital Entertainment PLC (NYSE:KING) has received an average rating of “Hold” from the fourteen analysts that are currently covering the stock, StockRatingsNetwork.com reports. Nine analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $19.32.

Several analysts have recently commented on the stock. Analysts at Stifel Nicolaus reiterated a “buy” rating on shares of King Digital Entertainment PLC in a research note on Thursday, August 14th. 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, August 13th. 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, August 13th. They now have a $19.00 price target on the stock, down previously from $22.00.

Shares of King Digital Entertainment PLC (NYSE:KING) opened at 13.52 on Friday. King Digital Entertainment PLC has a 1-year low of $13.40 and a 1-year high of $23.48. The stock has a 50-day moving average of $19.12 and a 200-day moving average of $17.99. The company has a market cap of $4.190 billion and a price-to-earnings ratio of 6.33.

King Digital Entertainment PLC (NYSE:KING) last posted its quarterly earnings results 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. Analysts expect that King Digital Entertainment PLC will post $2.13 EPS for the current fiscal year.

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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