Gaming Realms PLC 55.3% potential upside indicated by Peel Hunt Limited

Broker Ratings

Gaming Realms PLC with ticker (LON:GMR) now has a potential upside of 55.3% according to Peel Hunt Limited.

Peel Hunt Limited set a target price of 60 GBX for the company, which when compared to the Gaming Realms PLC share price of 27 GBX at opening today (26/05/2022) indicates a potential upside of 55.3%. Trading has ranged between 20 (52 week low) and 42 (52 week high) with an average of 324,559 shares exchanging hands daily. The market capitalisation at the time of writing is £78,403,800.

Gaming Realms plc is a United Kingdom-based gaming company. The Company is a developer, publisher and licensor of mobile games, and is building a portfolio of gaming content and brands. The Company operates through two segments: Licensing and Social Publishing. Its Licensing segment includes brand and content licensing to partners in Europe and the United States. Its Social Publishing segment is engaged in providing freemium games to the United States. The Company is the creator of Slingo, bingo, slots and other casual games. The Company uses its remote game server (RGS) platform to build and engage global audiences that are expanded even further via strategic lottery, media, and platform partnerships. The Company has a portfolio of approximately 44 games hosted on its RGS platform. The Company’s subsidiaries include Blastworks Limited, Alchemybet Limited, Blastworks Inc., Backstage Technologies, Inc., and others.

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