Everplay Group (LON:EVPL) Given New GBX 455 Price Target at Royal Bank Of Canada

Key Points

• Royal Bank Of Canada has increased its target price for Everplay Group stock from GBX 405 to GBX 455, indicating a potential upside of 14.61%.
• Other analysts, including Deutsche Bank, have also raised their target prices for Everplay Group, contributing to a consensus "Buy" rating across multiple firms.
• Despite recent price hikes, the company's stock has a high P/E ratio of 2,835.71 and shows negative returns on equity and net margins.

Everplay Group (LON:EVPL - Free Report) had its price target raised by Royal Bank Of Canada from GBX 405 to GBX 455 in a report released on Wednesday, Marketbeat reports. Royal Bank Of Canada currently has an outperform rating on the stock.

A number of other equities analysts also recently commented on the company. Berenberg Bank lifted their price objective on Everplay Group from GBX 380 to GBX 400 and gave the stock a "buy" rating in a research report on Wednesday, July 9th. Shore Capital reiterated a "buy" rating on shares of Everplay Group in a research report on Tuesday, September 2nd. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on Everplay Group from GBX 425 to GBX 470 and gave the stock a "buy" rating in a research report on Tuesday, September 2nd. Four research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average target price of GBX 431.25.

Everplay Group Price Performance

EVPL traded down GBX 27 during trading on Wednesday, hitting GBX 385. The company's stock had a trading volume of 3,439,863 shares, compared to its average volume of 591,193. The company has a current ratio of 2.80, a quick ratio of 2.28 and a debt-to-equity ratio of 1.27. Everplay Group has a twelve month low of GBX 192.50 and a twelve month high of GBX 426. The business's fifty day simple moving average is GBX 370.57 and its 200 day simple moving average is GBX 299.55. The firm has a market capitalization of £554.72 million, a price-to-earnings ratio of 2,549.67, a P/E/G ratio of 3.16 and a beta of 0.31.

Everplay Group (LON:EVPL - Get Free Report) last released its earnings results on Tuesday, September 2nd. The company reported GBX 10.50 earnings per share 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 research analysts forecast that Everplay Group will post 24.1106719 EPS for the current fiscal year.

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.