Everplay Group (LON:EVPL) Price Target Cut to GBX 380 by Analysts at Jefferies Financial Group

Everplay Group (LON:EVPL) had its price target lowered by Jefferies Financial Group from GBX 440 to GBX 380 in a research note released on Tuesday,London Stock Exchange reports. Jefferies Financial Group currently has a buy rating on the stock.

Several other research firms have also commented on EVPL. Berenberg Bank cut their price objective on Everplay Group from GBX 450 to GBX 370 and set a “buy” rating on the stock in a research report on Thursday, March 26th. Shore Capital Group reaffirmed a “buy” rating on shares of Everplay Group in a research report on Tuesday, March 24th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 455 target price on shares of Everplay Group in a report on Monday. Six analysts have rated the stock with a Buy rating, According to data from MarketBeat, Everplay Group presently has a consensus rating of “Buy” and an average target price of GBX 435.83.

Everplay Group Trading Down 1.4%

Shares of EVPL opened at GBX 220.81 on Tuesday. The company has a current ratio of 2.80, a quick ratio of 2.28 and a debt-to-equity ratio of 1.27. The firm has a market capitalization of £318.15 million, a P/E ratio of 14.62, a price-to-earnings-growth ratio of 3.16 and a beta of 0.31. The stock’s fifty day simple moving average is GBX 289.41 and its 200 day simple moving average is GBX 333.74. Everplay Group has a twelve month low of GBX 205 and a twelve month high of GBX 440.50.

Everplay Group (LON:EVPL) last released its quarterly earnings data on Tuesday, March 24th. The company reported GBX 25.70 EPS for the quarter. Everplay Group had a negative return on equity of 0.12% and a negative net margin of 0.18%. On average, equities research analysts forecast that Everplay Group will post 24.1106719 earnings per share for the current year.

Insider Activity

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