Game Digital (GMD) Lifted to Buy at Liberum Capital

Game Digital (LON:GMD) was upgraded by equities research analysts at Liberum Capital to a “buy” rating in a research report issued on Monday. The firm currently has a GBX 65 ($0.90) price target on the stock. Liberum Capital’s price target indicates a potential upside of 58.54% from the company’s current price.

Separately, Canaccord Genuity increased their price objective on Game Digital from GBX 24 ($0.33) to GBX 40 ($0.55) and gave the company a “hold” rating in a report on Wednesday, November 15th.

Game Digital (GMD) traded up GBX 3 ($0.04) during midday trading on Monday, hitting GBX 41 ($0.57). The stock had a trading volume of 696,394 shares, compared to its average volume of 468,357. The firm has a market cap of $70.05 and a P/E ratio of -585.71. Game Digital has a 12 month low of GBX 18.75 ($0.26) and a 12 month high of GBX 63.76 ($0.88).

WARNING: This piece was first reported by American Banking News and is owned by of American Banking News. If you are reading this piece on another domain, it was illegally copied and reposted in violation of United States and international copyright and trademark legislation. The correct version of this piece can be accessed at https://www.americanbankingnews.com/2018/02/12/game-digital-gmd-lifted-to-buy-at-liberum-capital.html.

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 MarketBeat.com's FREE daily email newsletter.

Leave a Reply