Sumo Group (LON: SUMO) has recently received a number of price target changes and ratings updates:

  • 6/10/2019 – Sumo Group had its “buy” rating reaffirmed by analysts at Shore Capital.
  • 6/6/2019 – Sumo Group had its “buy” rating reaffirmed by analysts at Berenberg Bank.
  • 5/31/2019 – Sumo Group was upgraded by analysts at Shore Capital to a “buy” rating.
  • 5/28/2019 – Sumo Group had its “buy” rating reaffirmed by analysts at Peel Hunt.
  • 5/27/2019 – Sumo Group had its “hold” rating reaffirmed by analysts at Liberum Capital.
  • 5/20/2019 – Sumo Group is now covered by analysts at Shore Capital. They set a “hold” rating and a GBX 159 ($2.08) price target on the stock.

Shares of SUMO stock opened at GBX 139.35 ($1.82) on Wednesday. Sumo Group PLC has a 1 year low of GBX 105 ($1.37) and a 1 year high of GBX 187 ($2.44). The firm has a market cap of $209.13 million and a PE ratio of -696.75.

In related news, insider David Wilton acquired 1,229 shares of Sumo Group stock in a transaction dated Monday, May 13th. The stock was acquired at an average cost of GBX 147 ($1.92) per share, with a total value of £1,806.63 ($2,360.68). Also, insider Paul Porter sold 1,200,000 shares of the firm’s stock in a transaction on Wednesday, June 5th. The stock was sold at an average price of GBX 130 ($1.70), for a total value of £1,560,000 ($2,038,416.31).

Sumo Group Plc, together with its subsidiaries, develops and provides video games in the United Kingdom. The company develops games across a range of console platforms, PC, handheld, and mobile devices. It also offers services to entertainment industry, including games, TV, and film. The company was founded in 2003 and is headquartered in Sheffield, the United Kingdom.

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