CD Projekt S.A. (OTCMKTS:OTGLY) Receives $129.67 Average PT from Analysts

Shares of CD Projekt S.A. (OTCMKTS:OTGLYGet Rating) have earned an average rating of “Sell” from the eleven analysts that are covering the company, Marketbeat.com reports. Seven analysts have rated the stock with a sell recommendation and two have given a hold recommendation to the company. The average 12-month target price among brokers that have covered the stock in the last year is $115.33.

Several analysts have issued reports on OTGLY shares. Credit Suisse Group decreased their price target on shares of CD Projekt from $118.00 to $100.00 and set an “underperform” rating on the stock in a research report on Wednesday, April 20th. Barclays decreased their price target on shares of CD Projekt from 130.00 to 90.00 in a research report on Friday. JPMorgan Chase & Co. decreased their price target on shares of CD Projekt from 225.00 to 156.00 in a research report on Tuesday, April 26th. Berenberg Bank upgraded shares of CD Projekt from a “sell” rating to a “hold” rating in a research report on Monday, April 25th. Finally, HSBC lowered shares of CD Projekt from a “hold” rating to a “reduce” rating in a research report on Thursday, March 31st.

OTCMKTS:OTGLY opened at $6.70 on Wednesday. CD Projekt has a 1 year low of $6.02 and a 1 year high of $14.33. The firm’s fifty day simple moving average is $8.23 and its 200 day simple moving average is $10.04.

About CD Projekt (Get Rating)

CD Projekt SA, together its subsidiaries, engages in the development, publishing, and digital distribution of videogames for personal computers and video game consoles worldwide. It operates through two segments, CD PROJEKT RED and GOG.com. The company's product portfolio comprises The Witcher; The Witcher 2: Assassins of Kings; The Witcher 3: Wild Hunt; Thronebreaker: The Witcher Tales; Gwent: The Witcher Card game; and Cyberpunk 2077.

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Analyst Recommendations for CD Projekt (OTCMKTS:OTGLY)

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