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

Everplay Group (LON:EVPL)‘s stock had its “buy” rating reissued by stock analysts at Shore Capital Group in a research report issued on Wednesday, Digital Look reports. They currently have a GBX 470 price target on the stock. Shore Capital Group’s target price indicates a potential upside of 2.84% from the stock’s previous close.

Other analysts have also recently issued research reports about the company. Berenberg Bank upped their price objective on Everplay Group from GBX 370 to GBX 495 and gave the company a “buy” rating in a research note on Wednesday, September 16th. Jefferies Financial Group reiterated a “buy” rating and set a GBX 380 price target on shares of Everplay Group in a research report on Wednesday, July 29th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 455 price objective on shares of Everplay Group in a report on Tuesday, September 15th. Five equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Everplay Group presently has a consensus rating of “Buy” and an average price target of GBX 456.

Everplay Group Stock Performance

LON:EVPL opened at GBX 457 on Wednesday. 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 £658.51 million, a price-to-earnings ratio of 24.31, a PEG ratio of 3.16 and a beta of 0.31. The firm’s fifty day simple moving average is GBX 294.68 and its 200 day simple moving average is GBX 265.96. Everplay Group has a twelve month low of GBX 205 and a twelve month high of GBX 463.50.

Everplay Group (LON:EVPL) last released its quarterly earnings results on Tuesday, September 15th. The company reported GBX 3.70 earnings per share for the quarter. Everplay Group had a negative return on equity of 0.12% and a negative net margin of 0.18%. As a group, equities research analysts expect 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.