Berenberg Bank Forecasts Strong Price Appreciation for Everplay Group (LON:EVPL) Stock

Everplay Group (LON:EVPL) had its price target hoisted by research analysts at Berenberg Bank from GBX 380 ($5.16) to GBX 400 ($5.43) in a research report issued on Wednesday, Marketbeat.com reports. The brokerage currently has a “buy” rating on the stock. Berenberg Bank’s price objective would suggest a potential upside of 6.27% from the company’s current price.

EVPL has been the topic of a number of other research reports. Shore Capital reissued a “buy” rating on shares of Everplay Group in a report on Friday, April 4th. Royal Bank Of Canada raised their target price on Everplay Group from GBX 360 ($4.89) to GBX 365 ($4.96) and gave the company an “outperform” rating in a report on Friday, March 28th.

Everplay Group Stock Performance

Shares of LON EVPL opened at GBX 376.41 ($5.11) on Wednesday. The company has a debt-to-equity ratio of 1.27, a quick ratio of 2.28 and a current ratio of 2.80. The firm has a market cap of £541.84 million, a price-to-earnings ratio of -8,416.67, a P/E/G ratio of 3.16 and a beta of 0.31. The business’s 50-day simple moving average is GBX 301.15 and its 200-day simple moving average is GBX 260.17. Everplay Group has a 52 week low of GBX 192.50 ($2.62) and a 52 week high of GBX 380 ($5.16).

About Everplay Group

everplay group plc is a leading global indie games label developer and publisher of premium video games and apps, with a portfolio of over 140 premium, high-quality titles across PC, console and mobile.

The Group was founded in 1990, and everplay (formerly Team17 Group plc) successfully listed on the London Stock Exchange in 2018.