Everplay Group (LON:EVPL) Stock Gets Price Target Boost from Jefferies Financial Group

Key Points

• Jefferies raised Everplay Group’s price target to GBX 580 from GBX 540 and maintained a “buy” rating, implying 30.78% upside from the reported current price.
• Analyst sentiment remains positive: five analysts rate the stock a Buy, with a consensus rating of “Buy” and an average price target of GBX 496.
• Everplay shares opened at GBX 443.50, near their 52-week high of GBX 463.50, while the company reported quarterly EPS of GBX 3.70 and analysts expect full-year EPS of approximately GBX 24.11.

Everplay Group (LON:EVPL - Get Free Report) had its price target upped by equities researchers at Jefferies Financial Group from GBX 540 to GBX 580 in a report released on Thursday, London Stock Exchange reports. The firm presently has a "buy" rating on the stock. Jefferies Financial Group's price objective indicates a potential upside of 30.78% from the company's current price.

Several other equities research analysts have also weighed in on the company. Berenberg Bank lifted their price target on Everplay Group from GBX 370 to GBX 495 and gave the company a "buy" rating in a research report on Wednesday, September 16th. Royal Bank Of Canada reiterated an "outperform" rating and issued a GBX 455 price objective on shares of Everplay Group in a report on Tuesday, September 15th. Finally, Shore Capital Group reissued a "buy" rating and set a GBX 470 price objective on shares of Everplay Group in a research report on Wednesday. Five equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Everplay Group has a consensus rating of "Buy" and an average price target of GBX 496.

Everplay Group Price Performance

Shares of LON EVPL opened at GBX 443.50 on Thursday. Everplay Group has a 1 year low of GBX 205 and a 1 year high of GBX 463.50. The company has a debt-to-equity ratio of 1.27, a current ratio of 2.80 and a quick ratio of 2.28. The company's 50-day moving average is GBX 294.68 and its 200 day moving average is GBX 265.96. The stock has a market capitalization of £639.06 million, a P/E ratio of 23.59, a P/E/G ratio of 3.16 and a beta of 0.31.

Everplay Group (LON:EVPL - Get Free Report) last issued 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%. On average, sell-side analysts expect that Everplay Group will post 24.1106719 earnings per share for the current year.

About Everplay Group

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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