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Analysts Offer Insights on Communication Services Companies: Roblox (RBLX) and Capcom Co (OtherCCOEF)

Tipranks - Mon Feb 2, 11:12AM CST

Analysts have been eager to weigh in on the Communication Services sector with new ratings on Roblox (RBLXResearch Report) and Capcom Co (CCOEFResearch Report).

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Roblox (RBLX)

In a report issued on January 29, Cory Carpenter from J.P. Morgan maintained a Hold rating on Roblox, with a price target of $100.00. The company’s shares closed last Friday at $65.76.

According to TipRanks.com, Carpenter is a 1-star analyst with an average return of -0.6% and a 41.7% success rate. Carpenter covers the NA sector, focusing on stocks such as IAC/InteractiveCorp., Match Group, and EverQuote. ;'>

Roblox has an analyst consensus of Moderate Buy, with a price target consensus of $116.16, implying a 56.3% upside from current levels. In a report issued on January 15, Barclays also maintained a Hold rating on the stock with a $130.00 price target.

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Capcom Co (CCOEF)

Goldman Sachs analyst Minami Munakata maintained a Buy rating on Capcom Co on January 27 and set a price target of Yen4600.00. The company’s shares closed last Tuesday at $24.52.

According to TipRanks.com, Munakata is a 2-star analyst with an average return of 2.8% and a 37.5% success rate. Munakata covers the NA sector, focusing on stocks such as Recruit Holdings Co, Nintendo Co, and NEXON Co. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Capcom Co with a $29.81 average price target, which is a 21.6% upside from current levels. In a report issued on January 29, TipRanks – OpenAI also upgraded the stock to Buy with a Yen4392.00 price target.

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