Everplay Group (LON:EVPL) Given "Buy" Rating at Shore Capital

Key Points

• Everplay Group (LON:EVPL) has been given a "buy" rating by Shore Capital, restating their positive outlook on the company's stock.
• Multiple analysts, including Deutsche Bank and Berenberg Bank, have increased their target prices for Everplay Group, with a consensus average target price now at GBX 407.50.
• Everplay Group reported a EPS of GBX 10.50 for the last quarter, despite showing a negative return on equity and net margin, indicating ongoing financial challenges.

Shore Capital restated their buy rating on shares of Everplay Group (LON:EVPL - Free Report) in a research report sent to investors on Tuesday morning, Marketbeat Ratings reports.

Several other research analysts have also commented on the company. Berenberg Bank lifted their target price on Everplay Group from GBX 380 to GBX 400 and gave the stock a "buy" rating in a research report on Wednesday, July 9th. Royal Bank Of Canada boosted their price objective on Everplay Group from GBX 365 to GBX 405 and gave the company an "outperform" rating in a research report on Wednesday, July 16th. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on Everplay Group from GBX 330 to GBX 425 and gave the company a "buy" rating in a research report on Friday, August 1st. Four equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus price target of GBX 431.25.

Everplay Group Stock Performance

Shares of EVPL traded down GBX 27 during mid-day trading on Tuesday, hitting GBX 385. The stock had a trading volume of 3,439,863 shares, compared to its average volume of 591,193. The company has a market cap of £554.72 million, a PE ratio of 2,549.67, a PEG ratio of 3.16 and a beta of 0.31. The company's fifty day simple moving average is GBX 370.57 and its two-hundred day simple moving average is GBX 299.15. 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 has a fifty-two week low of GBX 192.50 and a fifty-two week high of GBX 426.

Everplay Group (LON:EVPL - Get Free Report) last issued its earnings results on Tuesday, September 2nd. The company reported GBX 10.50 EPS for the quarter. Everplay Group had a negative return on equity of 0.12% and a negative net margin of 0.18%. On average, equities 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.