Everplay Group Plc (LON:EVPL) Receives Average Recommendation of “Buy” from Analysts

Everplay Group Plc (LON:EVPL) has received a consensus recommendation of “Buy” from the six brokerages that are currently covering the company, Marketbeat Ratings reports. Six investment analysts have rated the stock with a buy recommendation. The average 12-month target price among brokerages that have covered the stock in the last year is GBX 435.83.

A number of brokerages have commented on EVPL. Jefferies Financial Group reduced their target price on shares of Everplay Group from GBX 440 to GBX 380 and set a “buy” rating on the stock in a research note on Tuesday, March 31st. Royal Bank Of Canada reissued an “outperform” rating and issued a GBX 455 price target on shares of Everplay Group in a research note on Monday, March 30th. Shore Capital Group reissued a “buy” rating on shares of Everplay Group in a research note on Tuesday, March 24th. Finally, Berenberg Bank reduced their price target on shares of Everplay Group from GBX 450 to GBX 370 and set a “buy” rating on the stock in a research note on Thursday, March 26th.

Everplay Group Price Performance

Shares of EVPL stock opened at GBX 271.50 on Thursday. The company has a debt-to-equity ratio of 1.27, a current ratio of 2.80 and a quick ratio of 2.28. The firm’s 50-day moving average is GBX 258.56 and its two-hundred day moving average is GBX 303.12. Everplay Group has a 12 month low of GBX 205 and a 12 month high of GBX 440.50. The company has a market capitalization of £391.22 million, a PE ratio of 14.44, a price-to-earnings-growth ratio of 3.16 and a beta of 0.31.

Everplay Group (LON:EVPL) last issued its earnings results on Tuesday, March 24th. The company reported GBX 25.70 EPS for the quarter. Everplay Group had a negative net margin of 0.18% and a negative return on equity of 0.12%. Analysts predict that Everplay Group will post 24.1106719 earnings per share for the current year.

Insider Activity

In related news, insider Mikkel Weider purchased 21,526 shares of Everplay Group stock in a transaction dated Wednesday, March 25th. The shares were acquired at an average cost of GBX 234 per share, with a total value of £50,370.84. Company insiders own 21.66% of the company’s stock.

About Everplay Group

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.