Game Digital PLC (GMD) Rating Increased to Buy at Liberum Capital

Game Digital PLC (LON:GMD) was upgraded by stock analysts at Liberum Capital to a “buy” rating in a report released on Wednesday. The firm presently has a GBX 45 ($0.59) target price on the stock, up from their previous target price of GBX 23 ($0.30). Liberum Capital’s price target would suggest a potential upside of 16.52% from the stock’s previous close.

Separately, Canaccord Genuity restated a “hold” rating and set a GBX 24 ($0.32) price objective on shares of Game Digital PLC in a report on Wednesday, August 23rd.

Game Digital PLC (LON GMD) traded up GBX 1.25 ($0.02) during trading on Wednesday, hitting GBX 38.62 ($0.51). The stock had a trading volume of 315,548 shares, compared to its average volume of 895,358. Game Digital PLC has a 52 week low of GBX 18.75 ($0.25) and a 52 week high of GBX 73 ($0.96).

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Game Digital PLC Company Profile

GAME Digital plc is a retailer of video games. The Company operates approximately 580 stores across the United Kingdom and Spain. The Company’s segments include UK, Spain, and Events, Esports & Digital. Its UK and Spain segments are engaged in the sale of hardware, software, accessories and digital. Its Events, Esports & Digital businesses include SocialNAT and Ads Reality Limited (Ads Reality).

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