Robert W. Baird Remains a Buy on GameStop

By Jason Carr

In a report issued on September 14, Colin Sebastian from Robert W. Baird reiterated a Buy rating on GameStop (NYSE: GME), with a price target of $24. The company’s shares closed on Friday at $20.29.

According to TipRanks.com, Sebastian is a top 25 analyst with an average return of 26.2% and a 77.1% success rate. Sebastian covers the Technology sector, focusing on stocks such as Paypal Holdings, ChannelAdvisor, and Facebook Inc.

GameStop has an analyst consensus of Moderate Buy, with a price target consensus of $26.

The company has a one year high of $28.58 and a one year low of $18.47. Currently, GameStop has an average volume of 2.46M.

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GameStop Crop. is a multichannel video game, consumer electronics, and wireless services retailer, which engages in the provision of games, hardware, and game accessories for next generation video game systems and personal computers. It operates through the following geographical segments: United States, Canada, Australia, and Europe.