Berenberg Bank Raises Everplay Group (LON:EVPL) Price Target to GBX 450

Everplay Group (LON:EVPL) had its price target lifted by investment analysts at Berenberg Bank from GBX 400 to GBX 450 in a research report issued on Tuesday, MarketBeat.com reports. The firm presently has a “buy” rating on the stock. Berenberg Bank’s price target would suggest a potential upside of 16.28% from the stock’s previous close.

Other equities research analysts have also issued reports about the stock. Shore Capital restated a “buy” rating on shares of Everplay Group in a report on Tuesday, September 2nd. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Everplay Group from GBX 425 to GBX 470 and gave the company a “buy” rating in a report on Tuesday, September 2nd. Finally, Royal Bank Of Canada raised their price objective on shares of Everplay Group from GBX 405 to GBX 455 and gave the company an “outperform” rating in a report on Wednesday, September 3rd. Four equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Everplay Group currently has an average rating of “Buy” and an average target price of GBX 443.75.

Everplay Group Stock Performance

Shares of EVPL stock opened at GBX 387 on Tuesday. The company has a quick ratio of 2.28, a current ratio of 2.80 and a debt-to-equity ratio of 1.27. Everplay Group has a 52 week low of GBX 192.50 and a 52 week high of GBX 426. The stock has a market capitalization of £557.60 million, a PE ratio of 2,562.91, a P/E/G ratio of 3.16 and a beta of 0.31. The firm has a 50 day moving average of GBX 374.59 and a two-hundred day moving average of GBX 302.88.

Everplay Group (LON:EVPL) last issued its quarterly earnings results on Tuesday, September 2nd. The company reported GBX 10.50 EPS for the quarter. Everplay Group had a negative net margin of 0.18% and a negative return on equity of 0.12%. On average, research analysts predict that Everplay Group will post 24.1106719 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Deborah Jayne Bestwick sold 3,243,243 shares of Everplay Group stock in a transaction on Friday, September 5th. The shares were sold at an average price of GBX 370, for a total transaction of £11,999,999.10. 24.32% of the stock is owned by corporate insiders.

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.