In a report released today, Andrew Wade from Jefferies maintained a Buy rating on Games Workshop, with a price target of p21,000.00.
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Andrew Wade has given his Buy rating due to a combination of factors that highlight Games Workshop’s strong financial performance and future potential. The company reported an impressive growth in core revenue by 15% in the first half, significantly surpassing expectations. This robust performance was achieved despite facing challenges from licensing, specifically related to Space Marine 2.
Wade also increased the price target to 21,000p, indicating confidence in the company’s long-term prospects. The upward revision of the fiscal year 2026 estimates by 14% further underscores the positive outlook. The unique investment proposition of Games Workshop, coupled with the potential for future upgrades and growth, supports the Buy recommendation.
According to TipRanks, Wade is a 3-star analyst with an average return of 4.3% and a 51.23% success rate. Wade covers the Consumer Cyclical sector, focusing on stocks such as Pets at Home, DFS Furniture, and THG.