Gaming Realms (LON:GMR) Price Target Raised to GBX 67

Gaming Realms (LON:GMR) had its price objective lifted by Canaccord Genuity Group from GBX 57 to GBX 67 in a report issued on Monday morning, MarketBeat reports. The firm currently has a buy rating on the stock.

Separately, Peel Hunt upped their price objective on Gaming Realms from GBX 60 to GBX 75 and gave the stock a “buy” rating in a research note on Tuesday, July 29th. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has a consensus rating of “Buy” and an average price target of GBX 71.

Gaming Realms Stock Performance

LON GMR opened at GBX 46.50 on Monday. The firm has a market cap of £137.11 million, a price-to-earnings ratio of 1,620.21 and a beta of 1.42. The company has a quick ratio of 1.23, a current ratio of 4.47 and a debt-to-equity ratio of 0.14. The business has a 50-day moving average price of GBX 51.48 and a 200-day moving average price of GBX 44.99. Gaming Realms has a twelve month low of GBX 30.20 and a twelve month high of GBX 57.20.

Gaming Realms (LON:GMR) last released its quarterly earnings data on Monday, September 8th. The company reported GBX 0.90 earnings per share for the quarter. Gaming Realms had a return on equity of 25.57% and a net margin of 26.35%. As a group, equities research analysts predict that Gaming Realms will post 3.6954315 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Geoffrey Robert Green sold 200,000 shares of the stock in a transaction that occurred on Tuesday, June 24th. The stock was sold at an average price of GBX 51, for a total transaction of £102,000. Insiders own 27.83% of the company’s stock.

Gaming Realms Company Profile

Gaming Realms creates and licenses innovative games for mobile, with operations in the UK, U.S. and Canada. Through its unique IP and brands, Gaming Realms is bringing together media, entertainment and gaming assets in new game formats. The Gaming Realms management team includes accomplished entrepreneurs and experienced executives from a wide range of leading gaming and media companies.