Noble Financial analyst Michael Kupinski maintained a Buy rating on Esports Entertainment Group (GMBL) today and set a price target of $10.00. The company’s shares closed last Wednesday at $6.07.
According to TipRanks.com, Kupinski is a 2-star analyst with an average return of 0.1% and a 44.0% success rate. Kupinski covers the Services sector, focusing on stocks such as Tribune Publishing Co, Salem Communications, and Townsquare Media.
Currently, the analyst consensus on Esports Entertainment Group is a Moderate Buy with an average price target of $10.00.
See today’s analyst top recommended stocks >>
Based on Esports Entertainment Group’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $222.4K and GAAP net loss of $1.81 million. In comparison, last year the company had a GAAP net loss of $2.84 million.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.
