Shore Capital Group Reaffirms Buy Rating for Everplay Group (LON:EVPL)

Everplay Group (LON:EVPL)‘s stock had its “buy” rating reaffirmed by equities research analysts at Shore Capital Group in a report issued on Wednesday, Digital Look reports. They currently have a GBX 470 target price on the stock. Shore Capital Group’s target price would suggest a potential upside of 10.07% from the company’s previous close.

EVPL has been the subject of several other research reports. Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 455 price objective on shares of Everplay Group in a report on Tuesday, September 15th. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 380 target price on shares of Everplay Group in a research note on Wednesday, July 29th. Finally, Berenberg Bank raised their price objective on shares of Everplay Group from GBX 370 to GBX 495 and gave the stock a “buy” rating in a report on Wednesday, September 16th. Five investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of GBX 496.

Everplay Group Stock Performance

Shares of Everplay Group stock opened at GBX 427 on Wednesday. Everplay Group has a 12 month low of GBX 205 and a 12 month high of GBX 463.50. 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 business’s fifty day simple moving average is GBX 303.35 and its 200 day simple moving average is GBX 268.10. The firm has a market capitalization of £615.29 million, a P/E ratio of 22.71, a price-to-earnings-growth ratio of 3.16 and a beta of 0.31.

Everplay Group (LON:EVPL) last posted its quarterly earnings data on Tuesday, September 15th. The company reported GBX 3.70 earnings per share (EPS) 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, analysts anticipate that Everplay Group will post 24.1106719 EPS for the current year.

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.