Royal Bank Of Canada Forecasts Strong Price Appreciation for Everplay Group (LON:EVPL) Stock

Everplay Group (LON:EVPL) had its price objective hoisted by investment analysts at Royal Bank Of Canada from GBX 365 ($4.90) to GBX 405 ($5.44) in a research note issued on Wednesday, Marketbeat Ratings reports. The firm presently has an “outperform” rating on the stock. Royal Bank Of Canada’s target price suggests a potential upside of 11.57% from the stock’s previous close.

Other equities research analysts have also issued reports about the company. Shore Capital reissued a “buy” rating on shares of Everplay Group in a research note on Friday, April 4th. Berenberg Bank increased their target price on Everplay Group from GBX 380 ($5.10) to GBX 400 ($5.37) and gave the stock a “buy” rating in a research note on Wednesday, July 9th.

Everplay Group Stock Down 0.8%

Shares of LON EVPL opened at GBX 363 ($4.87) on Wednesday. Everplay Group has a 1 year low of GBX 192.50 ($2.58) and a 1 year high of GBX 385 ($5.17). The firm has a 50-day simple moving average of GBX 311.27 and a two-hundred day simple moving average of GBX 265.18. The company has a market cap of £522.54 million, a P/E ratio of -8,416.67, a PEG ratio of 3.16 and a beta of 0.31. The company has a debt-to-equity ratio of 1.27, a current ratio of 2.80 and a quick ratio of 2.28.

Everplay Group Company Profile

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.