Jefferies Financial Group Cuts Everplay Group (LON:EVPL) Price Target to GBX 380

Everplay Group (LON:EVPL) had its target price lowered by Jefferies Financial Group from GBX 440 to GBX 380 in a report released on Tuesday,London Stock Exchange reports. The firm currently has a buy rating on the stock.

A number of other brokerages have also recently issued reports on EVPL. Berenberg Bank dropped their target price on shares of Everplay Group from GBX 450 to GBX 370 and set a “buy” rating for the company in a report on Thursday, March 26th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 455 target price on shares of Everplay Group in a research note on Monday. Finally, Shore Capital Group reaffirmed a “buy” rating on shares of Everplay Group in a research note on Tuesday, March 24th. Six research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of GBX 435.83.

Everplay Group Price Performance

Everplay Group stock opened at GBX 234 on Tuesday. The company has a market cap of £337.15 million, a P/E ratio of 15.50, a price-to-earnings-growth ratio of 3.16 and a beta of 0.31. Everplay Group has a one year low of GBX 205 and a one year high of GBX 440.50. The business has a fifty day moving average of GBX 285.90 and a two-hundred day moving average of GBX 332.35. 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 (LON:EVPL) last posted its quarterly earnings results on Tuesday, March 24th. The company reported GBX 25.70 earnings per share 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, analysts predict that Everplay Group will post 24.1106719 earnings per share for the current fiscal year.

Insider Transactions at Everplay Group

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

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.