Everplay Group (LON:EVPL) Stock Price Expected to Rise, Royal Bank of Canada Analyst Says

Everplay Group (LON:EVPL) had its price target increased by Royal Bank of Canada from GBX 360 ($4.66) to GBX 365 ($4.73) in a research note issued on Friday,Digital Look reports. The firm currently has an “outperform” rating on the stock. Royal Bank of Canada’s price target points to a potential upside of 38.26% from the stock’s previous close.

A number of other equities analysts also recently commented on the stock. Shore Capital restated a “buy” rating on shares of Everplay Group in a research note on Monday, March 3rd. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 380 ($4.92) price target on shares of Everplay Group in a research report on Wednesday. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of GBX 321.25 ($4.16).

Everplay Group Trading Up 3.5 %

Shares of EVPL opened at GBX 264 ($3.42) on Friday. The company’s fifty day moving average is GBX 234.86 and its 200 day moving average is GBX 229.63. 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 fifty-two week low of GBX 192.50 ($2.49) and a fifty-two week high of GBX 275 ($3.56). The stock has a market capitalization of £380.03 million, a PE ratio of -8,416.67, a P/E/G ratio of 3.16 and a beta of 0.31.

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