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Team17 Group ( (GB:EVPL) ) has issued an update.
Everplay Group plc, a UK-based company, has seen a change in its shareholder structure as Liontrust Investment Partners LLP has adjusted its voting rights in the company. The notification indicates that Liontrust’s total voting rights have decreased from 13.223% to 11.3198%, reflecting a reduction in their stake. This adjustment in voting rights could impact Everplay Group’s governance and decision-making processes, potentially influencing its strategic direction and stakeholder relations.
The most recent analyst rating on (GB:EVPL) stock is a Buy with a £3.10 price target. To see the full list of analyst forecasts on Team17 Group stock, see the GB:EVPL Stock Forecast page.
Spark’s Take on GB:EVPL Stock
According to Spark, TipRanks’ AI Analyst, GB:EVPL is a Outperform.
Team17 Group, now Everplay, exhibits strong financial performance with impressive profitability and cash flow management. The technical analysis supports a positive trend, while the valuation appears reasonable. The earnings call highlighted robust growth and strategic initiatives, despite challenges in new releases. Recent corporate events, including leadership changes and strategic partnerships, further bolster the company’s growth prospects.
To see Spark’s full report on GB:EVPL stock, click here.
More about Team17 Group
YTD Price Performance: 38.64%
Average Trading Volume: 495,341
Technical Sentiment Signal: Buy
Current Market Cap: £439.5M
For an in-depth examination of EVPL stock, go to TipRanks’ Stock Analysis page.