Canaccord Genuity Increases Game Digital PLC (GMD) Price Target to GBX 40

Game Digital PLC (LON:GMD) had its price target upped by investment analysts at Canaccord Genuity from GBX 24 ($0.32) to GBX 40 ($0.53) in a report issued on Wednesday. The firm presently has a “hold” rating on the stock. Canaccord Genuity’s price objective indicates a potential upside of 3.90% from the company’s current price.

Separately, Liberum Capital raised Game Digital PLC to a “buy” rating and upped their price target for the company from GBX 23 ($0.30) to GBX 45 ($0.59) in a research note on Wednesday.

Game Digital PLC (LON GMD) traded down GBX 1.62 ($0.02) during trading on Wednesday, reaching GBX 38.50 ($0.51). The company’s stock had a trading volume of 1,644,920 shares, compared to its average volume of 753,449. Game Digital PLC has a one year low of GBX 18.75 ($0.25) and a one year high of GBX 73 ($0.96).

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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).

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