Everplay Group (LON:EVPL) Price Target Raised to GBX 425 at Deutsche Bank Aktiengesellschaft

Key Points

• Deutsche Bank Aktiengesellschaft raised its price target for Everplay Group (LON:EVPL) from GBX 330 to GBX 425, suggesting a potential upside of 10.39% from the current stock price.
• Other analysts also increased their price targets, with Berenberg Bank setting it at GBX 400 and Royal Bank Of Canada at GBX 405, both maintaining a "buy" or "outperform" rating.
• Everplay Group's stock opened at GBX 385 and has shown a 0.5% increase, with a market cap of £554.21 million and a one-year price range of GBX 192.50 to GBX 390.

Everplay Group (LON:EVPL - Free Report) had its price objective hoisted by Deutsche Bank Aktiengesellschaft from GBX 330 ($4.44) to GBX 425 ($5.72) in a research note released on Friday, August 1st, MarketBeat.com reports. The firm currently has a buy rating on the stock.

EVPL has been the subject of a number of other reports. Shore Capital restated a "buy" rating and set a GBX 400 ($5.38) target price on shares of Everplay Group in a report on Thursday, July 17th. Royal Bank Of Canada raised their target price on Everplay Group from GBX 365 ($4.91) to GBX 405 ($5.45) and gave the company an "outperform" rating in a report on Wednesday, July 16th. Finally, Berenberg Bank raised their target price on Everplay Group from GBX 380 ($5.11) to GBX 400 ($5.38) and gave the company a "buy" rating in a report on Wednesday, July 9th.

Everplay Group Trading Down 2.2%

Everplay Group stock traded down GBX 9 ($0.12) during midday trading on Friday, reaching GBX 392 ($5.27). 1,878,189 shares of the stock traded hands, compared to its average volume of 533,890. The company has a 50-day simple moving average of GBX 339.24 and a two-hundred day simple moving average of GBX 280.72. Everplay Group has a 12-month low of GBX 192.50 ($2.59) and a 12-month high of GBX 405 ($5.45). The firm has a market cap of £564.28 million, a PE ratio of -8,416.67, a price-to-earnings-growth ratio of 3.16 and a beta of 0.31. The company has a current ratio of 2.80, a quick ratio of 2.28 and a debt-to-equity ratio of 1.27.

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.