Everplay Group (LON:EVPL) Receives "Outperform" Rating from Royal Bank Of Canada

Key Points

• Royal Bank of Canada reiterated its “outperform” rating on Everplay Group and set a GBX 455 price target, implying approximately 19.17% upside from the previous close.
• Analyst sentiment remains positive: Shore Capital upgraded the stock to “buy,” Berenberg raised its target to GBX 495, and MarketBeat reports a consensus “buy” rating with a GBX 454 target.
• Everplay shares opened at GBX 381.80, with a market capitalization of about £550.15 million and a 12-month trading range of GBX 205 to GBX 440.50; the company recently reported quarterly EPS of GBX 3.70.

Everplay Group (LON:EVPL - Get Free Report)'s stock had its "outperform" rating restated by investment analysts at Royal Bank Of Canada in a research report issued on Tuesday, Digital Look reports. They currently have a GBX 455 price target on the stock. Royal Bank Of Canada's target price suggests a potential upside of 19.17% from the stock's previous close.

A number of other research firms have also recently commented on EVPL. Shore Capital Group upgraded Everplay Group to a "buy" rating and set a GBX 460 target price for the company in a research note on Tuesday. Berenberg Bank increased their price objective on Everplay Group from GBX 370 to GBX 495 and gave the stock a "buy" rating in a report on Wednesday. Finally, Jefferies Financial Group restated a "buy" rating and set a GBX 380 target price on shares of Everplay Group in a report on Wednesday, July 29th. Five analysts have rated the stock with a Buy rating, According to MarketBeat.com, Everplay Group has an average rating of "Buy" and a consensus target price of GBX 454.

Everplay Group Stock Performance

LON:EVPL opened at GBX 381.80 on Tuesday. 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 firm's fifty day simple moving average is GBX 250.38 and its 200 day simple moving average is GBX 255.91. The stock has a market cap of £550.15 million, a P/E ratio of 20.31, a price-to-earnings-growth ratio of 3.16 and a beta of 0.31. Everplay Group has a twelve month low of GBX 205 and a twelve month high of GBX 440.50.

Everplay Group (LON:EVPL - Get Free Report) last posted its earnings results 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 predict that Everplay Group will post 24.1106719 EPS for the current 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.