Jefferies Financial Group Forecasts Strong Price Appreciation for Everplay Group (LON:EVPL) Stock

Everplay Group (LON:EVPL) had its target price hoisted by equities research analysts at Jefferies Financial Group from GBX 540 to GBX 580 in a research note issued to investors on Thursday, London Stock Exchange reports. The firm currently has a “buy” rating on the stock. Jefferies Financial Group’s target price indicates a potential upside of 30.78% from the stock’s current price.

Several other research analysts have also recently weighed in on EVPL. Shore Capital Group reissued a “buy” rating and set a GBX 470 price objective on shares of Everplay Group in a report on Wednesday. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 455 target price on shares of Everplay Group in a research report on Tuesday, September 15th. Finally, Berenberg Bank boosted their target price on shares of Everplay Group from GBX 370 to GBX 495 and gave the company a “buy” rating in a research note on Wednesday, September 16th. Five equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of GBX 496.

Everplay Group Stock Performance

Shares of EVPL stock opened at GBX 443.50 on Thursday. The company has a market capitalization of £639.06 million, a price-to-earnings ratio of 23.59, a price-to-earnings-growth ratio of 3.16 and a beta of 0.31. The company has a debt-to-equity ratio of 1.27, a quick ratio of 2.28 and a current ratio of 2.80. Everplay Group has a one year low of GBX 205 and a one year high of GBX 463.50. The company’s 50-day moving average is GBX 294.68 and its 200 day moving average is GBX 265.96.

Everplay Group (LON:EVPL) last posted its earnings results on Tuesday, September 15th. The company reported GBX 3.70 earnings per share (EPS) for the quarter. Everplay Group had a negative net margin of 0.18% and a negative return on equity of 0.12%. Sell-side analysts expect that Everplay Group will post 24.1106719 EPS for the current fiscal year.

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.