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).

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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).

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