Allied Esports Entertainment, I – Consensus Indicates Potential 127.3% Upside

Broker Ratings

Allied Esports Entertainment, I found using ticker (AESE) have now 2 analysts in total covering the stock. The consensus rating is ‘Strong_Buy’. The target price ranges between 4 and 3.5 calculating the mean target price we have 3.75. Given that the stocks previous close was at 1.65 this would imply there is a potential upside of 127.3%. There is a 50 day moving average of 1.39 and the 200 moving average now moves to 1.51. The market capitalisation for the company is $54m. Visit the company website at: http://www.alliedesportsent.com

Allied Esports Entertainment Inc. operates a premier public esports and entertainment company, consisting of the Allied Esports and World Poker Tour (WPT) businesses worldwide. The company has two segments, Gaming & Entertainment and E-Sports. It operates esports properties to connect players and fans via a network of connected arenas; a flagship gaming arena located at the Luxor Hotel in Las Vegas, Nevada; a mobile esports truck that serves as a battleground and content generation hub; and a studio for recording and streaming gaming events, as well as provides multiplayer video game competitions. The company also operates ClubWPT, an online poker club; PlayWPT, a web and mobile social poker; and Alpha8, a social poker product. In addition, it engages in the brand and music licensing business. Allied Esports Entertainment Inc. is headquartered in Irvine, California.

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