Esports Entertainment Group (GMBL) Receives a Buy from Noble Financial
In a report released today, Michael Kupinski from Noble Financial maintained a Buy rating on Esports Entertainment Group (GMBL), with a price target of $20.00. The company’s shares closed last Monday at $8.95.
According to TipRanks.com, Kupinski is a 4-star analyst with an average return of 14.3% and a 49.8% success rate. Kupinski covers the Services sector, focusing on stocks such as Salem Communications, Townsquare Media, and Gray Television.
Currently, the analyst consensus on Esports Entertainment Group is a Strong Buy with an average price target of $22.50.
See today’s analyst top recommended stocks >>
Esports Entertainment Group’s market cap is currently $180.5M and has a P/E ratio of -7.90. The company has a Price to Book ratio of 318.60.
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.