Maxim Group analyst Jack Vander Aarde maintained a Hold rating on Esports Entertainment Group (GMBL – Research Report) yesterday. The company’s shares closed yesterday at $0.13.
According to TipRanks, Vander Aarde is a 5-star analyst with an average return of 26.2% and a 34.13% success rate. Vander Aarde covers the Technology sector, focusing on stocks such as Sonic Foundry, Avid Technology, and Inuvo.
Currently, the analyst consensus on Esports Entertainment Group is a Hold with an average price target of $0.15, a 18.67% upside from current levels. In a report released on October 6, H.C. Wainwright also downgraded the stock to a Hold with a $0.15 price target.
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GMBL market cap is currently $8.96M and has a P/E ratio of -0.03.
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Esports Entertainment Group, Inc. operates as an online gambling platform. It offers bet exchange style wagering on esports events in a licensed, regulated and secure platform to the global esports audience. The company was founded on July 22, 2008 and is headquartered in Malta, Antigua and Barbuda.
Read More on GMBL:
- Bet On It: DraftKings and ESPN said near exclusive sportsbook partnership
- Esports Entertainment downgraded to Neutral from Buy at H.C. Wainwright
- Street Wrap: Today’s Top 15 Upgrades, Downgrades, Initiations
- Maxim cuts Esports Entertainment to Hold on low visibility over direction
- Esports Entertainment downgraded to Hold from Buy at Maxim
