Everplay Group (LON:EVPL) Given New GBX 380 Price Target at Jefferies Financial Group

Everplay Group (LON:EVPL) had its target price cut by equities research analysts at Jefferies Financial Group from GBX 440 to GBX 380 in a report issued on Tuesday,London Stock Exchange reports. The firm currently has a “buy” rating on the stock. Jefferies Financial Group’s price target would indicate a potential upside of 71.17% from the company’s previous close.

Several other equities research analysts also recently commented on EVPL. Royal Bank Of Canada reissued an “outperform” rating and set a GBX 455 target price on shares of Everplay Group in a research report on Monday. Shore Capital Group restated a “buy” rating on shares of Everplay Group in a report on Tuesday, March 24th. Finally, Berenberg Bank decreased their price target on Everplay Group from GBX 450 to GBX 370 and set a “buy” rating for the company in a report on Thursday, March 26th. Six investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Everplay Group has an average rating of “Buy” and an average price target of GBX 435.83.

Everplay Group Stock Up 3.7%

Everplay Group stock traded up GBX 8 during mid-day trading on Tuesday, reaching GBX 222. The stock had a trading volume of 920,211 shares, compared to its average volume of 547,756. The firm has a market capitalization of £319.86 million, a PE ratio of 14.70, a price-to-earnings-growth ratio of 3.16 and a beta of 0.31. Everplay Group has a fifty-two week low of GBX 205 and a fifty-two week high of GBX 440.50. The stock’s 50-day simple moving average is GBX 291.65 and its 200-day simple moving average is GBX 334.87. The company has a debt-to-equity ratio of 1.27, a quick ratio of 2.28 and a current ratio of 2.80.

Everplay Group (LON:EVPL) last issued its earnings results on Tuesday, March 24th. The company reported GBX 25.70 earnings per share (EPS) for the quarter. Everplay Group had a negative return on equity of 0.12% and a negative net margin of 0.18%. On average, sell-side analysts forecast that Everplay Group will post 24.1106719 EPS for the current fiscal year.

Insider Transactions at Everplay Group

In other Everplay Group news, insider Frank Theodore Sagnier bought 33,200 shares of Everplay Group stock in a transaction dated Monday, February 9th. The stock was bought at an average cost of GBX 301 per share, with a total value of £99,932. Also, insider Mikkel Weider purchased 21,526 shares of the company’s stock in a transaction that occurred on Wednesday, March 25th. The shares were acquired at an average price of GBX 234 per share, for a total transaction of £50,370.84. Corporate insiders own 21.66% of the company’s stock.

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.