Codemasters Group (LON:CDM) Earns “Buy” Rating from Shore Capital

Shore Capital reiterated their buy rating on shares of Codemasters Group (LON:CDM) in a report released on Friday morning, ThisIsMoney.Co.Uk reports.

A number of other equities research analysts also recently weighed in on the company. Berenberg Bank restated a buy rating and set a GBX 290 ($3.79) target price on shares of Codemasters Group in a research report on Wednesday, June 26th. Liberum Capital restated a buy rating on shares of Codemasters Group in a research report on Wednesday, July 3rd. Finally, Peel Hunt assumed coverage on Codemasters Group in a research report on Friday, August 2nd. They set a buy rating and a GBX 310 ($4.05) target price for the company.

Shares of CDM opened at GBX 201 ($2.63) on Friday. The stock has a fifty day moving average price of GBX 219.02 and a two-hundred day moving average price of GBX 218.37. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.61 and a current ratio of 1.67. Codemasters Group has a 52-week low of GBX 130 ($1.70) and a 52-week high of GBX 256 ($3.35). The company has a market cap of $281.40 million and a price-to-earnings ratio of 67.00.

Codemasters Group Company Profile

Codemasters Group Holdings Plc, together with its subsidiaries, develops, publishes, markets, and distributes racing video games in the United Kingdom and internationally. The company is headquartered in Southam, the United Kingdom. Codemasters Group Holdings Plc is a subsidiary of Reliance Big Entertainment (Singapore) Pte Limited.

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