What does the future hold for the Zynga Inc share price?
The Zynga Inc (NSQ:ZNGA) share price has risen by 12.8% over the past month and it’s currently trading at 9.15. For investors considering whether to buy, hold or sell the stock, the question now is whether this price run will continue.
According to the company’s analysts, there are certainly reasons to think it will continue to perform well in the year ahead. In terms of trading recommendations, Zynga Inc currently has:
6 Buy recommendations
3 Hold recommendations
0 Sell recommendations
This suggests that analysts are generally positive about the outlook.
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What else can I look at?
At its current price of 9.15, shares in Zynga Inc are trading at a discount of -9.58% to its 52 week high price. The 1-year performance of the shares has been 38.2%.
While analyst forecasts can be a useful guide to what City 'experts' think about a stock's near term future, they can be unreliable. To get a better idea about the strengths and weaknesses of Zynga Inc it's worth doing some investigation yourself.
There are all sorts of factors that could affect Zynga Inc's share price this year – we simplify them into easy to understand scores with our Stockopedia StockReport. Click here to take a look at the StockReport for Zynga Inc – you might discover some surprising things you didn’t know.