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

Everplay Group (LON:EVPL) had its price target reduced by analysts at Jefferies Financial Group from GBX 440 to GBX 380 in a note issued to investors on Tuesday,London Stock Exchange reports. The firm presently has a “buy” rating on the stock. Jefferies Financial Group’s target price would suggest a potential upside of 62.39% from the company’s current price.

EVPL has been the subject of several other reports. Berenberg Bank decreased their price target 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 reiterated an “outperform” rating and issued a GBX 455 target price on shares of Everplay Group in a research report on Monday. Finally, Shore Capital Group reissued 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, Based on data from MarketBeat.com, Everplay Group currently has a consensus rating of “Buy” and a consensus price target of GBX 435.83.

Everplay Group Stock Up 4.5%

LON:EVPL opened at GBX 234 on Tuesday. The business’s fifty day moving average price is GBX 287.72 and its 200 day moving average price is GBX 333.04. The firm has a market capitalization of £337.15 million, a price-to-earnings ratio of 15.50, a PEG ratio of 3.16 and a beta of 0.31. The company has a current ratio of 2.80, a quick ratio of 2.28 and a debt-to-equity ratio of 1.27. Everplay Group has a 1-year low of GBX 205 and a 1-year high of GBX 440.50.

Everplay Group (LON:EVPL) last announced its quarterly earnings data on Tuesday, March 24th. The company reported GBX 25.70 EPS for the quarter. Everplay Group had a negative return on equity of 0.12% and a negative net margin of 0.18%. On average, sell-side analysts forecast that Everplay Group will post 24.1106719 earnings per share for the current fiscal year.

Insider Activity

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

Everplay Group Company Profile

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.