Shore Capital Reaffirms Buy Rating for Codemasters Group (LON:CDM)

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Shore Capital restated their buy rating on shares of Codemasters Group (LON:CDM) in a research report sent to investors on Friday morning, LSE.Co.UK reports.

Other equities research analysts also recently issued research reports about the stock. Peel Hunt reiterated a buy rating on shares of Codemasters Group in a research note on Monday, June 22nd. Liberum Capital restated a buy rating on shares of Codemasters Group in a research report on Friday, July 10th. Finally, Berenberg Bank restated a buy rating on shares of Codemasters Group in a research report on Wednesday, June 24th.

Shares of CDM opened at GBX 392 ($5.12) on Friday. Codemasters Group has a fifty-two week low of GBX 198.20 ($2.59) and a fifty-two week high of GBX 420 ($5.49). The company has a market capitalization of $597.35 million and a price-to-earnings ratio of 49.00. The firm has a 50-day simple moving average of GBX 373.78 and a 200-day simple moving average of GBX 313.62. The company has a debt-to-equity ratio of 2.79, a quick ratio of 1.78 and a current ratio of 1.83.

About Codemasters Group

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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