Everplay Group (LON:EVPL) Earns Buy Rating from Berenberg Bank

Everplay Group (LON:EVPL)‘s stock had its “buy” rating reissued by equities researchers at Berenberg Bank in a note issued to investors on Wednesday, MarketBeat.com reports. They currently have a GBX 380 ($4.92) price objective on the stock. Berenberg Bank’s target price suggests a potential upside of 50.20% from the stock’s current price.

Separately, Shore Capital reaffirmed a “buy” rating on shares of Everplay Group in a research report on Monday, March 3rd. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 320 ($4.14).

Everplay Group Price Performance

LON EVPL opened at GBX 253 ($3.28) on Wednesday. The company has a debt-to-equity ratio of 1.27, a quick ratio of 2.28 and a current ratio of 2.80. Everplay Group has a 52-week low of GBX 192.50 ($2.49) and a 52-week high of GBX 275 ($3.56). The business has a 50 day simple moving average of GBX 234.86 and a 200 day simple moving average of GBX 229.63. The stock has a market cap of £364.19 million, a price-to-earnings ratio of -8,416.67, a PEG ratio of 3.16 and a beta of 0.31.

Everplay Group (LON:EVPL) last released its quarterly earnings results on Wednesday, March 26th. The company reported GBX 24.10 ($0.31) earnings per share (EPS) for the quarter. Everplay Group had a negative return on equity of 0.12% and a negative net margin of 0.18%. Analysts anticipate that Everplay Group will post 24.1106719 earnings per share 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.