Super League Gaming Inc (SLGG) Gets a Buy Rating from Northland Securities


In a report released yesterday, Michael Latimore from Northland Securities maintained a Buy rating on Super League Gaming Inc (SLGG), with a price target of $15. The company’s shares opened today at $8.30.

Latimore wrote:

“We expect rapid growth, and thus, an ability to manage that and execute well can be tricky. SLG could makes acquisitions, which are often hard to integrate.”

According to TipRanks.com, Latimore is a 5-star analyst with an average return of 16.5% and a 61.3% success rate. Latimore covers the Technology sector, focusing on stocks such as Brightcove Inc, Everbridge Inc, and Veritone Inc.

Currently, the analyst consensus on Super League Gaming Inc is a Strong Buy with an average price target of $15.

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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.

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