Gaming Realms PLC 34.8% potential upside indicated by Canaccord Genuity

Gaming Realms PLC with ticker (LON:GMR) now has a potential upside of 34.8% according to Canaccord Genuity.



Canaccord Genuity set a target price of 50 GBX for the company, which when compared to the Gaming Realms PLC share price of 33 GBX at opening today (02/12/2021) indicates a potential upside of 34.8%. Trading has ranged between 19 (52 week low) and 47 (52 week high) with an average of 453,008 shares exchanging hands daily. The market capitalisation at the time of writing is £94,782,797.

Gaming Realms plc is a United Kingdom-based gaming company. The Company is engaged in the provision and marketing of casino services to customers in the United Kingdom, and social gaming on Facebook to customers in the United States and Europe. The Company creates and publishes real money and social games for mobile. The Company operates through two segments: real money gambling and marketing services, and social gaming and licensing. The Company’s real money gambling and marketing services segment operates its brands and provides other digital marketing services to both gaming and non-gaming clients in the United Kingdom. The social gaming and licensing segment provides freemium gaming and licensing services to the United States and Europe. The Company licenses its Intellectual Property (IP) and Game content into adjacent markets globally across multiple gaming and merchandise categories, such as lotteries, gaming machines, social slots and casual game Web portals.