Royal Bank of Canada Issues Positive Forecast for Everplay Group (LON:EVPL) Stock Price

Everplay Group (LON:EVPL) had its price target boosted by Royal Bank of Canada from GBX 360 ($4.66) to GBX 365 ($4.72) in a research note issued to investors on Friday morning, MarketBeat.com reports. The firm currently has an outperform rating on the stock.

Several other brokerages also recently issued reports on EVPL. Berenberg Bank restated a “buy” rating and issued a GBX 380 ($4.92) price objective on shares of Everplay Group in a research note on Wednesday. Shore Capital restated a “buy” rating on shares of Everplay Group in a research report on Monday, March 3rd. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, Everplay Group currently has a consensus rating of “Moderate Buy” and an average price target of GBX 321.25 ($4.16).

Everplay Group Trading Up 5.9 %

LON:EVPL opened at GBX 270 ($3.49) on Friday. 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 company has a market capitalization of £388.67 million, a P/E ratio of -8,416.67, a P/E/G ratio of 3.16 and a beta of 0.31. The stock’s 50 day moving average price is GBX 235.76 and its 200 day moving average price is GBX 229.90. Everplay Group has a 52 week low of GBX 192.50 ($2.49) and a 52 week high of GBX 277 ($3.59).

Everplay Group (LON:EVPL) last announced its quarterly earnings results on Wednesday, March 26th. The company reported GBX 24.10 ($0.31) 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, research analysts forecast that Everplay Group will post 24.1106719 EPS for the current fiscal year.

Everplay Group Announces Dividend

The firm also recently declared a dividend, which will be paid on Friday, July 4th. Shareholders of record on Thursday, June 5th will be issued a GBX 2.70 ($0.03) dividend. This represents a yield of 1.19%. The ex-dividend date of this dividend is Thursday, June 5th.

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.