Everplay Group (LON:EVPL) Stock Rating Upgraded by Shore Capital Group

Everplay Group (LON:EVPL) was upgraded by Shore Capital Group to a “buy” rating in a research report issued to clients and investors on Tuesday, London Stock Exchange reports. The firm currently has a GBX 460 price objective on the stock. Shore Capital Group’s target price would suggest a potential upside of 22.02% from the company’s current price.

Separately, Jefferies Financial Group restated a “buy” rating and set a GBX 380 target price on shares of Everplay Group in a research report on Wednesday, July 29th. Five equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of GBX 429.

Everplay Group Stock Performance

EVPL opened at GBX 377 on Tuesday. 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 stock has a market capitalization of £543.24 million, a price-to-earnings ratio of 20.05, a PEG ratio of 3.16 and a beta of 0.31. The company has a fifty day moving average of GBX 247.26 and a 200 day moving average of GBX 255.26. Everplay Group has a fifty-two week low of GBX 205 and a fifty-two week high of GBX 440.50.

Everplay Group (LON:EVPL) last released its quarterly earnings results on Tuesday, September 15th. The company reported GBX 3.70 earnings per share (EPS) for the quarter. Everplay Group had a negative net margin of 0.18% and a negative return on equity of 0.12%. As a group, sell-side analysts forecast 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. 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.