Esports Entertainment Group (GMBL) Gets a Buy Rating from H.C. Wainwright
In a report released today, Scott Buck from H.C. Wainwright maintained a Buy rating on Esports Entertainment Group (GMBL), with a price target of $20.00. The company’s shares closed last Tuesday at $9.43.
According to TipRanks.com, Buck is ranked #338 out of 7517 analysts.
Esports Entertainment Group has an analyst consensus of Strong Buy, with a price target consensus of $22.50, implying a 138.1% upside from current levels. In a report released yesterday, Noble Financial also maintained a Buy rating on the stock with a $20.00 price target.
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Esports Entertainment Group’s market cap is currently $190.2M and has a P/E ratio of -7.50. The company has a Price to Book ratio of 301.11.
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Esports Entertainment Group, Inc. operates as an online gambling platform. It offers bet exchange style wagering on esports events in a licensed, regulated and secure platform to the global esports audience. The company was founded on July 22, 2008 and is headquartered in Malta, Antigua and Barbuda.