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

Everplay Group (LON:EVPL)‘s stock had its “buy” rating reissued by analysts at Shore Capital Group in a research note issued on Wednesday, Digital Look reports. They currently have a GBX 470 price objective on the stock. Shore Capital Group’s target price would suggest a potential upside of 6.94% from the stock’s previous close.

A number of other brokerages have also recently weighed in on EVPL. Berenberg Bank upped their price objective on Everplay Group from GBX 370 to GBX 495 and gave the stock a “buy” rating in a research note on Wednesday, September 16th. Jefferies Financial Group reissued 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 restated an “outperform” rating and issued a GBX 455 price target on shares of Everplay Group in a report on Tuesday, September 15th. Five investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of GBX 496.

Everplay Group Price Performance

Shares of EVPL opened at GBX 439.50 on Wednesday. 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 company has a 50 day moving average price of GBX 299.16 and a 200-day moving average price of GBX 266.98. Everplay Group has a fifty-two week low of GBX 205 and a fifty-two week high of GBX 463.50. The stock has a market capitalization of £633.30 million, a PE ratio of 23.38, a PEG ratio of 3.16 and a beta of 0.31.

Everplay Group (LON:EVPL) last issued 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%. Equities analysts predict 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.