Maxim Group analyst Jack Vander Aarde reiterated a Buy rating on Elys Game Technology (ELYS – Research Report) today and set a price target of $2.00. The company’s shares opened today at $0.48.
According to TipRanks, Vander Aarde is a 5-star analyst with an average return of 21.5% and a 34.63% success rate. Vander Aarde covers the Technology sector, focusing on stocks such as WiSA Technologies, Inc., Elys Game Technology, and Avid Technology.
Currently, the analyst consensus on Elys Game Technology is a Moderate Buy with an average price target of $2.00, a 316.67% upside from current levels. In a report released on May 24, H.C. Wainwright also reiterated a Buy rating on the stock with a $2.00 price target.
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The company has a one-year high of $1.47 and a one-year low of $0.11. Currently, Elys Game Technology has an average volume of 127.8K.
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Newgioco Group, Inc. is a vertically integrated company, which engages in the operation of licensed gaming. It offers online casino, sports betting, virtual sports betting, bingo, and poker. The company was founded on August 26, 1998 and is headquartered in Toronto, Canada.
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