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Kepler Capital Sticks to Its Buy Rating for Evolution Gaming Group AB (EVO)

Tipranks - Tipranks - Sun Jan 25, 11:12PM CST

In a report released on January 23, Rasmus Engberg from Kepler Capital maintained a Buy rating on Evolution Gaming Group AB, with a price target of SEK877.00. The company’s shares closed last Friday at SEK590.40.

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Engberg covers the Technology sector, focusing on stocks such as Modern Times Group AB, Stillfront Group AB, and Media and Games Invest SE. According to TipRanks, Engberg has an average return of 0.5% and a 37.78% success rate on recommended stocks.

Currently, the analyst consensus on Evolution Gaming Group AB is a Hold with an average price target of SEK666.40.

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Based on Evolution Gaming Group AB’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of SEK507.12 million and a net profit of SEK252.33 million. In comparison, last year the company earned a revenue of SEK519.38 million and had a net profit of SEK328.61 million

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