Canaccord Genuity Group Increases Gaming Realms (LON:GMR) Price Target to GBX 57

Gaming Realms (LON:GMR) had its target price hoisted by Canaccord Genuity Group from GBX 50 ($0.65) to GBX 57 ($0.74) in a research report released on Monday, Marketbeat.com reports. They currently have a buy rating on the stock.

Gaming Realms Stock Up 4.8 %

Shares of Gaming Realms stock opened at GBX 36.90 ($0.48) on Monday. Gaming Realms has a 1 year low of GBX 29.45 ($0.38) and a 1 year high of GBX 43 ($0.56). The company has a debt-to-equity ratio of 0.14, a current ratio of 4.47 and a quick ratio of 1.23. The stock has a market cap of £108.52 million, a price-to-earnings ratio of 16.16 and a beta of 1.42. The firm’s 50-day moving average is GBX 37.21 and its two-hundred day moving average is GBX 36.79.

Gaming Realms (LON:GMR) last released its quarterly earnings data on Monday, March 31st. The company reported GBX 3 ($0.04) earnings per share (EPS) for the quarter. Gaming Realms had a net margin of 26.35% and a return on equity of 25.57%. As a group, research analysts expect that Gaming Realms will post 3.6954315 earnings per share for the current fiscal year.

Gaming Realms Company Profile

Gaming Realms creates and licenses innovative games for mobile, with operations in the UK, U.S. and Canada. Through its unique IP and brands, Gaming Realms is bringing together media, entertainment and gaming assets in new game formats. The Gaming Realms management team includes accomplished entrepreneurs and experienced executives from a wide range of leading gaming and media companies.