Berenberg Bank Cuts Everplay Group (LON:EVPL) Price Target to GBX 370

Everplay Group (LON:EVPL) had its price target reduced by Berenberg Bank from GBX 450 to GBX 370 in a research note released on Thursday, MarketBeat Ratings reports. They currently have a buy rating on the stock.

A number of other analysts have also recently weighed in on EVPL. Shore Capital Group reissued a “buy” rating on shares of Everplay Group in a report on Tuesday, March 24th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 455 target price on shares of Everplay Group in a research report on Friday, January 23rd. Finally, Jefferies Financial Group reissued a “buy” rating and issued a GBX 440 price target on shares of Everplay Group in a research report on Monday, February 2nd. Six equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of GBX 445.83.

Everplay Group Trading Down 2.1%

LON:EVPL opened at GBX 211.38 on Thursday. Everplay Group has a 1 year low of GBX 207.48 and a 1 year high of GBX 440.50. The stock has a market cap of £304.56 million, a P/E ratio of 14.00, a P/E/G ratio of 3.16 and a beta of 0.31. 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 50-day simple moving average of GBX 294.13 and a 200-day simple moving average of GBX 336.45.

Everplay Group (LON:EVPL) last issued its earnings results on Tuesday, March 24th. The company reported GBX 25.70 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%. As a group, analysts anticipate that Everplay Group will post 24.1106719 earnings per share for the current fiscal year.

Insider Buying and Selling at Everplay Group

In other Everplay Group news, insider Frank Theodore Sagnier acquired 33,200 shares of the stock in a transaction on Monday, February 9th. The shares were bought at an average cost of GBX 301 per share, with a total value of £99,932. Also, insider Mikkel Weider bought 21,526 shares of Everplay Group stock in a transaction dated Wednesday, March 25th. The stock was acquired at an average cost of GBX 234 per share, with a total value of £50,370.84. Company insiders own 21.66% of the company’s stock.

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.