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Shanda Games (GAME) [hlAlert]

Rating:
Buy GAME
down 27.62 %

Shanda Games (GAME) rated Buy with price target $11.90 by Deutsche Bank

Posted on: Thursday,  Feb 11, 2010  8:25 AM ET by Deutsche Bank

Deutsche Bank rated Buy Shanda Games (NASDAQ: GAME) on 02/11/2010, when the stock price was $9.05. Since
then, Shanda Games has lost 27.62% as of 11/18/2015's recent price of $6.55.
If you would have followed this Deutsche Bank's recommendation on GAME, you would have lost 27.62% of your investment in 2106 days.

Shanda Games Limited (Shanda Games) is an online game company. The Company?s online game business includes the business of developing, operating and licensing its massively multi-player online role-playing games (MMORPGs) and advanced casual games. Advanced casual games, which are a sub-category of casual games, possess certain elements of MMORPGs, including a story line, graphics, availability of virtual items and interactions among game players. Shanda Games develops and sources an array of game content through multiple channels, including in-house development, licensing, investment and acquisition, co-development and co-operation. As of August 31, 2009, the Company operated 18 MMORPGs and 11 advanced casual games. In July 2009, the Company acquired Chengdu Simo Technology Co., Ltd., an online game company.

Deutsche Bank is one of the largest European fund managers. DWS was founded in 1956 and is an integral part of the Asset Management division of Deutsche Bank. This division is one of the largest global asset managers.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/11/2010 8:25 AM Buy
None
9.05 11.90
as of 12/31/2010
1 Week up  2.77 %
1 Month up  12.50 %
3 Months up  17.53 %
1 YTD down  -30.38 %

(*) Stock Price at the time of the recommendation.
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