Deutsche Bank Aktiengesellschaft Forecasts Strong Price Appreciation for Everplay Group (LON:EVPL) Stock

Key Points

• Deutsche Bank Aktiengesellschaft raised Everplay Group's price target from GBX 425 to GBX 470, indicating a potential upside of 19.29% from its current price.
• Everplay Group has a consensus rating of "Buy" based on reports from multiple analysts, including reaffirmations from Shore Capital and Royal Bank Of Canada.
• As of the last earnings report, Everplay Group posted an EPS of GBX 10.50, with forecasts suggesting an annual EPS of around 24.11.

Everplay Group (LON:EVPL - Get Free Report) had its price objective raised by analysts at Deutsche Bank Aktiengesellschaft from GBX 425 to GBX 470 in a report issued on Tuesday, Marketbeat Ratings reports. The brokerage presently has a "buy" rating on the stock. Deutsche Bank Aktiengesellschaft's target price indicates a potential upside of 22.08% from the stock's previous close.

Other research analysts have also issued research reports about the stock. Shore Capital reiterated a "buy" rating on shares of Everplay Group in a research note on Tuesday, September 2nd. Royal Bank Of Canada upped their price target on shares of Everplay Group from GBX 365 to GBX 405 and gave the stock an "outperform" rating in a report on Wednesday, July 16th. Finally, Berenberg Bank raised their target price on shares of Everplay Group from GBX 380 to GBX 400 and gave the company a "buy" rating in a research report on Wednesday, July 9th. Four investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has an average rating of "Buy" and a consensus target price of GBX 431.25.

Everplay Group Stock Down 6.6%

Shares of Everplay Group stock traded down GBX 27 on Tuesday, hitting GBX 385. 3,439,863 shares of the company traded hands, 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. Everplay Group has a 12-month low of GBX 192.50 and a 12-month high of GBX 426. The company has a 50-day moving average price of GBX 370.57 and a 200 day moving average price of GBX 299.55. 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 posted its quarterly earnings results on Tuesday, September 2nd. The company reported GBX 10.50 earnings per share (EPS) for the quarter. Everplay Group had a negative net margin of 0.18% and a negative return on equity of 0.12%. Sell-side analysts predict 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.