Allied Esports Entertainment, I – Consensus Indicates Potential 5.6% Upside

Broker Ratings

Allied Esports Entertainment, I with ticker code (AESE) now have 2 analysts covering the stock. The analyst consensus points to a rating of ‘Strong_Buy’. The target price ranges between 3.5 and 2.5 calculating the average target price we see 3. With the stocks previous close at 2.84 this would imply there is a potential upside of 5.6%. The 50 day MA is 1.92 and the 200 day moving average is 1.5. The market capitalisation for the company is $102m. Company Website: 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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