Everplay Group (LON:EVPL) Price Target Raised to GBX 495 at Berenberg Bank

Everplay Group (LON:EVPL) had its price target boosted by equities research analysts at Berenberg Bank from GBX 370 to GBX 495 in a report issued on Wednesday, Digital Look reports. The brokerage currently has a “buy” rating on the stock. Berenberg Bank’s price target points to a potential upside of 29.65% from the company’s previous close.

EVPL has been the topic of a number of other research reports. Jefferies Financial Group restated a “buy” rating and set a GBX 380 price target on shares of Everplay Group in a report on Wednesday, July 29th. Shore Capital Group upgraded shares of Everplay Group to a “buy” rating and set a GBX 460 price objective for the company in a report on Tuesday. Five research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of GBX 454.

Everplay Group Trading Up 5.9%

LON:EVPL opened at GBX 381.80 on Wednesday. The stock’s 50 day moving average price is GBX 250.38 and its 200 day moving average price is GBX 255.91. Everplay Group has a 52 week low of GBX 205 and a 52 week high of GBX 440.50. The company has a market capitalization of £550.15 million, a P/E ratio of 20.31, a P/E/G ratio of 3.16 and a beta of 0.31. 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 quarterly earnings data on Tuesday, September 15th. The company reported GBX 3.70 earnings per share 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 forecast that Everplay Group will post 24.1106719 EPS 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.