Everplay Group (LON:EVPL) Upgraded to “Buy” at Shore Capital Group

Everplay Group (LON:EVPL) was upgraded by equities researchers at Shore Capital Group to a “buy” rating in a research note issued to investors on Tuesday, London Stock Exchange reports. The brokerage presently has a GBX 460 price objective on the stock. Shore Capital Group’s price target indicates a potential upside of 22.02% from the company’s previous close.

Separately, Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 380 price target on shares of Everplay Group in a report on Wednesday, July 29th. Five research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of GBX 429.

Everplay Group Price Performance

Shares of EVPL stock opened at GBX 377 on Tuesday. Everplay Group has a fifty-two week low of GBX 205 and a fifty-two week high of GBX 440.50. The company has a debt-to-equity ratio of 1.27, a quick ratio of 2.28 and a current ratio of 2.80. The firm has a market capitalization of £543.24 million, a price-to-earnings ratio of 20.05, a PEG ratio of 3.16 and a beta of 0.31. The stock’s 50-day simple moving average is GBX 247.26 and its 200-day simple moving average is GBX 255.26.

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

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.