Devolver Digital Inc -5.0% potential downside indicated by Berenberg Bank

Devolver Digital Inc with ticker (LON:DEVO) now has a potential downside of -5.0% according to Berenberg Bank.



Berenberg Bank set a target price of 80 GBX for the company, which when compared to the Devolver Digital Inc share price of 84 GBX at opening today (08/09/2022) indicates a potential downside of -5.0%. Trading has ranged between 1 (52 week low) and 84 (52 week high) with an average of 285,084 shares exchanging hands daily. The market capitalisation at the time of writing is £358,137,126.

Devolver Digital Inc. is a publisher of weapons-grade video games. The Company provides label revealed Devolver MaxPass+, a free subscription service that offers the entire Devolver Digital catalog. Its categories of games include action, adventure, arcade, brawler, casual, co-op, comedy, casual, cute, dungeon crawler, fighting, first-person, horror, mobile, multiplayer, musical, narrative, online, pixel art, platformer, point and click, prison, puzzle, role-playing game (RPG), racing, retro, rogue-like, science fiction, shooter, simulator, sports, strategy, thriller, tinder for monarchs, turn based, virtual reality (VR), and watercolor. The Company’s games include Blightbound, Phantom Abyss, Ragnorium, Boomerang X, Death’s Door, Disc Room, Inscryption, Loop Hero, and Olija,. The Company also offers merchandise store called MERCH, which provides products, such as apparel, artwork, books, collectables, games, pin badges, plush and soundtracks.