Everplay Group (LON:EVPL) Earns "Buy" Rating from Shore Capital Group

Key Points

• Shore Capital reaffirmed its “Buy” rating on Everplay Group and set a GBX 470 price target, implying approximately 2.06% upside from the current price.
• Analyst sentiment remains positive: five analysts rate the stock a Buy, with a consensus price target of GBX 456. Berenberg recently raised its target to GBX 495, while RBC and Jefferies also maintained favorable ratings.
• Everplay shares opened at GBX 460.50 after rising 8.7%, near their 12-month high of GBX 463.50. The company reported quarterly EPS of GBX 3.70, though it posted a negative net margin and return on equity.

Everplay Group (LON:EVPL - Get Free Report)'s stock had its "buy" rating reaffirmed by stock analysts at Shore Capital Group in a research note issued on Wednesday, Digital Look reports. They presently have a GBX 470 price objective on the stock. Shore Capital Group's price objective would suggest a potential upside of 2.06% from the stock's current price.

A number of other analysts have also commented on EVPL. 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. Jefferies Financial Group reiterated a "buy" rating and set a GBX 380 price objective on shares of Everplay Group in a report on Wednesday, July 29th. Finally, Berenberg Bank boosted their target price on Everplay Group from GBX 370 to GBX 495 and gave the company a "buy" rating in a research note on Wednesday, September 16th. Five equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Everplay Group has an average rating of "Buy" and a consensus price target of GBX 456.

Everplay Group Trading Up 8.7%

Shares of LON:EVPL opened at GBX 460.50 on Wednesday. Everplay Group has a 12 month low of GBX 205 and a 12 month high of GBX 463.50. The company has a quick ratio of 2.28, a current ratio of 2.80 and a debt-to-equity ratio of 1.27. The company's fifty day simple moving average is GBX 290.03 and its 200 day simple moving average is GBX 264.82. The firm has a market cap of £663.56 million, a price-to-earnings ratio of 24.49, a PEG ratio of 3.16 and a beta of 0.31.

Everplay Group (LON:EVPL - Get Free Report) last posted 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%. As a group, 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.

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