Jefferies Financial Group Issues Pessimistic Forecast for Everplay Group (LON:EVPL) Stock Price

Key Points

• Jefferies cut its target for Everplay Group from GBX 440 to GBX 380 but kept a "buy" rating, implying a potential upside of 71.17%, and the consensus remains positive with an average analyst target of GBX 435.83.
• Shares traded up to GBX 222 on higher-than-average volume, valuing the company at about £319.9 million with a P/E of 14.7 and a 52-week range of GBX 205–440.50, while the 50‑ and 200‑day moving averages (GBX 291.65 and GBX 334.87) sit above the current price.
• Insider buying has occurred recently—Mikkel Weider bought 21,526 shares at GBX 234 and Frank Sagnier bought 33,200 shares at GBX 301—leaving insiders with a 21.66% stake.

Everplay Group (LON:EVPL - Get Free Report) had its price objective decreased by analysts at Jefferies Financial Group from GBX 440 to GBX 380 in a research note issued to investors on Tuesday,London Stock Exchange reports. The brokerage currently has a "buy" rating on the stock. Jefferies Financial Group's target price would indicate a potential upside of 71.17% from the stock's current price.

A number of other equities analysts also recently issued reports on EVPL. Royal Bank Of Canada restated an "outperform" rating and set a GBX 455 price objective on shares of Everplay Group in a research report on Monday. Shore Capital Group restated a "buy" rating on shares of Everplay Group in a research report on Tuesday, March 24th. Finally, Berenberg Bank decreased their price objective on shares of Everplay Group from GBX 450 to GBX 370 and set a "buy" rating for the company in a research report on Thursday, March 26th. Six equities research 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 target price of GBX 435.83.

Everplay Group Trading Up 3.7%

Shares of Everplay Group stock traded up GBX 8 during trading on Tuesday, hitting GBX 222. The company's stock had a trading volume of 920,211 shares, compared to its average volume of 547,756. The stock has a market cap of £319.86 million, a price-to-earnings ratio of 14.70, a price-to-earnings-growth ratio of 3.16 and a beta of 0.31. Everplay Group has a 52 week low of GBX 205 and a 52 week high of GBX 440.50. The stock has a 50-day moving average price of GBX 291.65 and a two-hundred day moving average price of GBX 334.87. The company has a debt-to-equity ratio of 1.27, a current ratio of 2.80 and a quick ratio of 2.28.

Everplay Group (LON:EVPL - Get Free Report) last announced its earnings results on Tuesday, March 24th. The company reported GBX 25.70 EPS for the quarter. Everplay Group had a negative return on equity of 0.12% and a negative net margin of 0.18%. Equities research analysts anticipate that Everplay Group will post 24.1106719 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Mikkel Weider bought 21,526 shares of the company's stock in a transaction that occurred on Wednesday, March 25th. The shares were bought at an average price of GBX 234 per share, for a total transaction of £50,370.84. Also, insider Frank Theodore Sagnier bought 33,200 shares of the business's stock in a transaction that occurred on Monday, February 9th. The shares were bought at an average cost of GBX 301 per share, for a total transaction of £99,932. Insiders own 21.66% of the company's stock.

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. Subsequently, the Group has completed the business acquisitions of StoryToys in 2021, astragon and The Label in 2022, and Independent Arts Software GmbH by astragon in 2023, along with the IP acquisitions of two key titles: Golf With Your Friends and Hell Let Loose.

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