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

Key Points

• Everplay Group (LON:EVPL) received a "Buy" rating from Shore Capital with a price target of GBX 460, indicating a potential upside of 14.33% from its current price.
• Several analysts have upgraded their price targets and reaffirmed "Buy" ratings, with Deutsche Bank increasing their target from GBX 425 to GBX 470.
• Insider Deborah Jayne Bestwick sold over 3 million shares at an average price of GBX 370, representing a significant transaction of £11.99 million.

Everplay Group (LON:EVPL - Get Free Report)'s stock had its "buy" rating reissued by equities research analysts at Shore Capital in a report issued on Tuesday,London Stock Exchange reports. They presently have a GBX 460 price target on the stock. Shore Capital's price objective suggests a potential upside of 14.33% from the company's current price.

EVPL has been the subject of a number of other reports. Deutsche Bank Aktiengesellschaft increased their price target on Everplay Group from GBX 425 to GBX 470 and gave the company a "buy" rating in a research note on Tuesday, September 2nd. Jefferies Financial Group reaffirmed a "buy" rating and set a GBX 440 price objective on shares of Everplay Group in a report on Friday, September 12th. Royal Bank Of Canada increased their target price on Everplay Group from GBX 405 to GBX 455 and gave the company an "outperform" rating in a research report on Wednesday, September 3rd. Finally, Berenberg Bank upped their price target on shares of Everplay Group from GBX 400 to GBX 450 and gave the company a "buy" rating in a research note on Tuesday, September 9th. Five analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Everplay Group has an average rating of "Buy" and an average price target of GBX 455.

Everplay Group Stock Performance

EVPL opened at GBX 402.36 on Tuesday. The company has a debt-to-equity ratio of 1.27, a quick ratio of 2.28 and a current ratio of 2.80. The stock has a market capitalization of £579.73 million, a price-to-earnings ratio of 26.65, a PEG ratio of 3.16 and a beta of 0.31. The company has a fifty day moving average of GBX 383.19 and a 200 day moving average of GBX 335.31. 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 announced its quarterly earnings results on Tuesday, September 2nd. The company reported GBX 10.50 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, sell-side analysts forecast that Everplay Group will post 24.1106719 earnings per share for the current fiscal year.

Insider Buying and Selling at Everplay Group

In related news, insider Deborah Jayne Bestwick sold 3,243,243 shares of the stock in a transaction on Friday, September 5th. The stock was sold at an average price of GBX 370, for a total transaction of £11,999,999.10. Corporate insiders own 21.64% of the company's stock.

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.

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