Berenberg Bank Issues Positive Forecast for Everplay Group (LON:EVPL) Stock Price

Key Points

• Berenberg Bank has raised the price target for Everplay Group (LON:EVPL) from GBX 400 to GBX 450, indicating a potential upside of 17.08% from its previous close.
• Analysts from multiple firms, including Deutsche Bank and Royal Bank of Canada, have also set optimistic price targets, with an average consensus of GBX 443.75 for Everplay Group stock.
• Recent insider trading revealed that Deborah Jayne Bestwick sold over 3 million shares at an average price of GBX 370, raising concerns about insider sentiment as they currently hold 24.32% of the company’s stock.

Everplay Group (LON:EVPL - Free Report) had its price target boosted by Berenberg Bank from GBX 400 to GBX 450 in a research report released on Tuesday morning, Marketbeat reports. The brokerage currently has a buy rating on the stock.

A number of other research analysts also recently commented on EVPL. Shore Capital reiterated a "buy" rating on shares of Everplay Group in a research note on Tuesday, September 2nd. Royal Bank Of Canada raised their price target on shares of Everplay Group from GBX 405 to GBX 455 and gave the stock an "outperform" rating in a research report on Wednesday, September 3rd. Finally, Deutsche Bank Aktiengesellschaft raised their price target on shares of Everplay Group from GBX 425 to GBX 470 and gave the stock a "buy" rating in a research report on Tuesday, September 2nd. Five research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average target price of GBX 443.

Everplay Group Trading Down 0.2%

Shares of Everplay Group stock traded down GBX 0.74 during trading hours on Tuesday, hitting GBX 381.26. The company's stock had a trading volume of 249,430 shares, compared to its average volume of 582,611. Everplay Group has a 1-year low of GBX 192.50 and a 1-year high of GBX 426. The business has a fifty day moving average of GBX 377.32 and a 200 day moving average of GBX 305.59. The company has a market capitalization of £549.34 million, a PE ratio of 2,524.93, a P/E/G ratio of 3.16 and a beta of 0.31. The company has a quick ratio of 2.28, a current ratio of 2.80 and a debt-to-equity ratio of 1.27.

Everplay Group (LON:EVPL - Get Free Report) last announced its earnings results on Tuesday, September 2nd. The company reported GBX 10.50 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%. As a group, equities analysts forecast that Everplay Group will post 24.1106719 EPS for the current year.

Insider Activity at Everplay Group

In other Everplay Group news, insider Deborah Jayne Bestwick sold 3,243,243 shares of the business's stock in a transaction dated Friday, September 5th. The shares were sold at an average price of GBX 370, for a total transaction of £11,999,999.10. Company insiders own 24.32% of the company's stock.

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.