Shore Capital Reaffirms Buy Rating for Codemasters Group (LON:CDM)

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Shore Capital reaffirmed their buy rating on shares of Codemasters Group (LON:CDM) in a research note released on Friday morning, ThisIsMoney.Co.Uk reports.

Other equities analysts also recently issued research reports about the company. Peel Hunt initiated coverage on Codemasters Group in a research report on Friday, August 2nd. They set a buy rating and a GBX 310 ($4.05) price target on the stock. Berenberg Bank reissued a buy rating and set a GBX 290 ($3.79) price target on shares of Codemasters Group in a research report on Wednesday, June 26th. Finally, Liberum Capital reissued a buy rating on shares of Codemasters Group in a research report on Wednesday, July 3rd.

CDM opened at GBX 214 ($2.80) on Friday. Codemasters Group has a 12-month low of GBX 130 ($1.70) and a 12-month high of GBX 256 ($3.35). The company has a current ratio of 1.67, a quick ratio of 1.61 and a debt-to-equity ratio of 0.55. The business’s fifty day simple moving average is GBX 220 and its 200-day simple moving average is GBX 218.50. The company has a market capitalization of $299.60 million and a price-to-earnings ratio of 71.33.

Codemasters Group Company Profile

Codemasters Group Holdings Plc, together with its subsidiaries, develops, publishes, markets, and distributes racing video games in the United Kingdom and internationally. The company is headquartered in Southam, the United Kingdom. Codemasters Group Holdings Plc is a subsidiary of Reliance Big Entertainment (Singapore) Pte Limited.

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