National Securities Corp analyst Ilya Grozovsky maintained a Buy rating on Super League Gaming Inc (SLGG) today and set a price target of $15. The company’s shares closed yesterday at $8.60.
According to TipRanks.com, Grozovsky is a 4-star analyst with an average return of 9.3% and a 56.2% success rate. Grozovsky covers the Technology sector, focusing on stocks such as Mitek Systems Inc, Digimarc Corp, and AudioEye Inc.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Super League Gaming Inc with a $15 average price target, implying a 74.4% upside from current levels. In a report issued on May 6, Northland Securities also maintained a Buy rating on the stock with a $15 price target.
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Based on Super League Gaming Inc’s latest earnings release for the quarter ending December 31, the company reported a quarterly GAAP net loss of $7.48 million. In comparison, last year the company had a GAAP net loss of $3.95 million.
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Super League Gaming, Inc. is an emerging growth company, which engages in the provision of an amateur E-sports community and cloud-based content platform. It offers theater gaming, cloud, and team gaming. The company was founded by John Miller, David Steigelfest, and Brett Morris on October 1, 2014 and is headquartered in Santa Monica, CA.
