Canaccord Genuity Reaffirms “Hold” Rating for Game Digital (GMD)

Game Digital (LON:GMD)‘s stock had its “hold” rating restated by investment analysts at Canaccord Genuity in a research report issued to clients and investors on Monday. They presently have a GBX 40 ($0.55) target price on the stock. Canaccord Genuity’s target price points to a potential downside of 2.44% from the stock’s previous close.

Separately, Liberum Capital raised Game Digital to a “buy” rating and increased their target price for the stock from GBX 23 ($0.32) to GBX 45 ($0.62) in a research note on Wednesday, November 15th.

Game Digital (GMD) traded up GBX 3 ($0.04) on Monday, reaching GBX 41 ($0.57). The company had a trading volume of 696,394 shares, compared to its average volume of 468,357. Game Digital has a 1 year low of GBX 18.75 ($0.26) and a 1 year high of GBX 63.76 ($0.88). The firm has a market cap of $64.93 and a price-to-earnings ratio of -585.71.

TRADEMARK VIOLATION WARNING: “Canaccord Genuity Reaffirms “Hold” Rating for Game Digital (GMD)” was published by American Banking News and is the sole property of of American Banking News. If you are viewing this report on another domain, it was copied illegally and reposted in violation of US & international copyright & trademark legislation. The legal version of this report can be accessed at

About Game Digital

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 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Game Digital and related companies with's FREE daily email newsletter.

Leave a Reply