Canaccord Genuity Cuts Game Digital PLC (GMD) Price Target to GBX 24
Game Digital PLC (LON:GMD) had its price objective decreased by research analysts at Canaccord Genuity from GBX 58 ($0.74) to GBX 24 ($0.31) in a report released on Monday. The firm currently has a “hold” rating on the stock. Canaccord Genuity’s price target indicates a potential upside of 10.34% from the company’s previous close.
Separately, Liberum Capital reaffirmed a “hold” rating and set a GBX 50 ($0.64) price target on shares of Game Digital PLC in a research report on Wednesday, April 19th.
Shares of Game Digital PLC (LON GMD) traded up 1.16% during midday trading on Monday, reaching GBX 21.75. The company’s stock had a trading volume of 310,582 shares. The firm’s market cap is GBX 36.91 million. The company has a 50-day moving average price of GBX 38.25 and a 200-day moving average price of GBX 46.26. Game Digital PLC has a 12 month low of GBX 21.00 and a 12 month high of GBX 81.00.
WARNING: This piece was originally reported by American Banking News and is the sole property of of American Banking News. If you are accessing this piece on another publication, it was copied illegally and reposted in violation of international copyright & trademark legislation. The legal version of this piece can be viewed at https://www.americanbankingnews.com/2017/07/03/canaccord-genuity-cuts-game-digital-plc-gmd-price-target-to-gbx-24.html.
Game Digital PLC Company Profile
GAME Digital plc is a retailer of video games. The Company operates approximately 580 stores across the United Kingdom and Spain. The Company’s segments include UK, Spain, and Events, Esports & Digital. Its UK and Spain segments are engaged in the sale of hardware, software, accessories and digital. Its Events, Esports & Digital businesses include SocialNAT and Ads Reality Limited (Ads Reality).
Receive News & Ratings for Game Digital PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Game Digital PLC and related companies with MarketBeat.com's FREE daily email newsletter.