Everplay Group (LON:EVPL) Stock Rating Reaffirmed as Buy by Shore Capital Group

Everplay Group (LON:EVPL)‘s stock had its “buy” rating restated by research analysts at Shore Capital Group in a report released on Wednesday, Digital Look reports. They presently have a GBX 470 price target on the stock. Shore Capital Group’s target price points to a potential upside of 6.94% from the stock’s current price.

EVPL has been the topic of a number of other research reports. Royal Bank Of Canada restated an “outperform” rating and issued a GBX 455 price target on shares of Everplay Group in a report on Tuesday, September 15th. Berenberg Bank boosted their target price on Everplay Group from GBX 370 to GBX 495 and gave the stock a “buy” rating in a research report on Wednesday, September 16th. Finally, Jefferies Financial Group reissued a “buy” rating and issued a GBX 380 target price 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.com, Everplay Group presently has a consensus rating of “Buy” and an average target price of GBX 496.

Everplay Group Stock Down 3.3%

EVPL stock opened at GBX 439.50 on Wednesday. The company has a market cap of £633.30 million, a P/E ratio of 23.38, a P/E/G ratio of 3.16 and a beta of 0.31. Everplay Group has a 52 week low of GBX 205 and a 52 week high of GBX 463.50. The company’s 50-day moving average price is GBX 299.16 and its 200 day moving average price is GBX 266.98. The company has a current ratio of 2.80, a quick ratio of 2.28 and a debt-to-equity ratio of 1.27.

Everplay Group (LON:EVPL) last issued its earnings results 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%. On average, research analysts expect that Everplay Group will post 24.1106719 earnings per share for the current fiscal 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.