Shore Capital Reiterates “Buy” Rating for Everplay Group (LON:EVPL)

Shore Capital restated their buy rating on shares of Everplay Group (LON:EVPL) in a research note issued to investors on Friday morning,London Stock Exchange reports.

Several other research firms have also weighed in on EVPL. Royal Bank of Canada lifted their target price on Everplay Group from GBX 360 ($4.64) to GBX 365 ($4.71) and gave the stock an “outperform” rating in a report on Friday, March 28th. Berenberg Bank reissued a “buy” rating and issued a GBX 380 ($4.90) price objective on shares of Everplay Group in a research report on Wednesday, March 26th. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of GBX 321.25 ($4.14).

Everplay Group Stock Performance

Everplay Group stock opened at GBX 258 ($3.33) on Friday. The stock has a 50-day simple moving average of GBX 238.66 and a 200 day simple moving average of GBX 231.03. The stock has a market capitalization of £371.39 million, a price-to-earnings ratio of -8,416.67, a P/E/G ratio of 3.16 and a beta of 0.31. The company has a quick ratio of 2.28, a current ratio of 2.80 and a debt-to-equity ratio of 1.27. Everplay Group has a 12-month low of GBX 192.50 ($2.48) and a 12-month high of GBX 291 ($3.75).

Everplay Group (LON:EVPL) last posted its quarterly earnings results on Wednesday, March 26th. The company reported GBX 24.10 ($0.31) earnings per share for the quarter. Everplay Group had a negative net margin of 0.18% and a negative return on equity of 0.12%. On average, research analysts anticipate that Everplay Group will post 24.1106719 earnings per share for the current fiscal year.

Everplay Group Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Friday, July 4th. Investors of record on Thursday, June 5th will be given a dividend of GBX 2.70 ($0.03) per share. The ex-dividend date is Thursday, June 5th. This represents a yield of 1.19%.

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.