Everplay Group (LON:EVPL) Price Target Cut to GBX 370 by Analysts at Berenberg Bank

Everplay Group (LON:EVPL) had its target price reduced by Berenberg Bank from GBX 450 to GBX 370 in a report released on Thursday morning, Marketbeat reports. They currently have a buy rating on the stock.

Several other analysts have also commented on the company. Shore Capital Group reiterated a “buy” rating on shares of Everplay Group in a report on Tuesday. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 440 target price on shares of Everplay Group in a research report on Monday, February 2nd. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 455 price target on shares of Everplay Group in a research note on Friday, January 23rd. Six research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Everplay Group has a consensus rating of “Buy” and a consensus price target of GBX 445.83.

Everplay Group Stock Performance

LON EVPL opened at GBX 216 on Thursday. Everplay Group has a 52 week low of GBX 212 and a 52 week high of GBX 440.50. The company has a 50 day moving average price of GBX 296.68 and a 200 day moving average price of GBX 337.94. The company has a quick ratio of 2.28, a current ratio of 2.80 and a debt-to-equity ratio of 1.27. The firm has a market cap of £311.22 million, a PE ratio of 14.30, a price-to-earnings-growth ratio of 3.16 and a beta of 0.31.

Everplay Group (LON:EVPL) last announced its earnings results on Tuesday, March 24th. The company reported GBX 25.70 earnings per share for the quarter. Everplay Group had a negative net margin of 0.18% and a negative return on equity of 0.12%. As a group, sell-side analysts forecast that Everplay Group will post 24.1106719 EPS for the current fiscal year.

Insider Buying and Selling

In other Everplay Group news, insider Mikkel Weider acquired 21,526 shares of the company’s stock in a transaction dated Wednesday, March 25th. The shares were acquired at an average cost of GBX 234 per share, with a total value of £50,370.84. Also, insider Frank Theodore Sagnier acquired 33,200 shares of the business’s stock in a transaction dated Monday, February 9th. The stock was acquired at an average price of GBX 301 per share, for a total transaction of £99,932. Company insiders own 21.66% of the company’s stock.

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. Subsequently, the Group has completed the business acquisitions of StoryToys in 2021, astragon and The Label in 2022, and Independent Arts Software GmbH by astragon in 2023, along with the IP acquisitions of two key titles: Golf With Your Friends and Hell Let Loose.