Game Digital (GMD) Stock Rating Upgraded by Canaccord Genuity

Game Digital (LON:GMD) was upgraded by equities research analysts at Canaccord Genuity to a “buy” rating in a research note issued on Thursday. The brokerage currently has a GBX 60 ($0.78) target price on the stock, up from their previous target price of GBX 35 ($0.46). Canaccord Genuity’s price objective would suggest a potential upside of 93.55% from the stock’s previous close.

Separately, Liberum Capital restated a “buy” rating on shares of Game Digital in a report on Thursday.

Shares of Game Digital stock traded up GBX 0.40 ($0.01) during trading hours on Thursday, reaching GBX 31 ($0.41). The company’s stock had a trading volume of 201,843 shares, compared to its average volume of 394,355. Game Digital has a one year low of GBX 18.75 ($0.25) and a one year high of GBX 63.76 ($0.83).

About Game Digital

GAME Digital plc operates as a retailer of video games in the United Kingdom and Spain. The company offers gaming and gaming related products, such as consoles, personal computers, handheld devices, physical and digital console content, non-console digital content, accessories, licensed merchandise, and own-label products, as well as mobile devices and movies.

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