Peel Hunt Reaffirms “Buy” Rating for Sumo Group (LON:SUMO)

Peel Hunt reissued their buy rating on shares of Sumo Group (LON:SUMO) in a research note published on Monday morning, ThisIsMoney.Co.Uk reports.

Other equities analysts have also issued research reports about the company. Shore Capital restated a buy rating on shares of Sumo Group in a research note on Wednesday, June 26th. Liberum Capital restated a hold rating on shares of Sumo Group in a research note on Tuesday, July 23rd. Peel Hunt restated a buy rating and set a GBX 200 ($2.61) price target on shares of Sumo Group in a research note on Wednesday, June 26th. Finally, Berenberg Bank restated a buy rating on shares of Sumo Group in a research note on Thursday, June 6th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company. The company presently has an average rating of Buy and a consensus target price of GBX 178.80 ($2.34).

LON SUMO opened at GBX 162 ($2.12) on Monday. The company has a market capitalization of $243.93 million and a P/E ratio of -810.00. Sumo Group has a 12-month low of GBX 105 ($1.37) and a 12-month high of GBX 185 ($2.42). The firm has a 50-day moving average price of GBX 159.15 and a two-hundred day moving average price of GBX 147.25.

In other news, insider David Wilton purchased 235,000 shares of the business’s stock in a transaction dated Friday, June 21st. The shares were purchased at an average price of GBX 141 ($1.84) per share, for a total transaction of £331,350 ($432,967.46).

Sumo Group Company Profile

Sumo Group Plc, together with its subsidiaries, develops and provides video games in the United Kingdom. The company develops games across a range of console platforms, PC, handheld, and mobile devices. It also offers services to entertainment industry, including games, TV, and film. The company was founded in 2003 and is headquartered in Sheffield, the United Kingdom.

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Analyst Recommendations for Sumo Group (LON:SUMO)

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