Game Digital (GMD) Stock Rating Upgraded by Canaccord Genuity
Game Digital (LON:GMD) was upgraded by stock analysts at Canaccord Genuity to a “buy” rating in a note issued to investors on Thursday. The firm currently has a GBX 60 ($0.78) price target on the stock, up from their previous price target of GBX 35 ($0.46). Canaccord Genuity’s price objective would suggest a potential upside of 93.55% from the company’s current price.
Separately, Liberum Capital dropped their target price on shares of Game Digital from GBX 65 ($0.85) to GBX 50 ($0.65) and set a “buy” rating on the stock in a research note on Tuesday, August 21st.
GMD stock traded up GBX 0.40 ($0.01) during mid-day trading on Thursday, reaching GBX 31 ($0.41). The company had a trading volume of 201,843 shares, compared to its average volume of 394,355. Game Digital has a 12 month low of GBX 18.75 ($0.25) and a 12 month high of GBX 63.76 ($0.83).
GAME Digital plc operates as a retailer of video games in the United Kingdom and Spain. The company offers gaming and gaming related products, such as consoles, personal computers, handheld devices, physical and digital console content, non-console digital content, accessories, licensed merchandise, and own-label products, as well as mobile devices and movies.
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