Sumo Group (LON:SUMO) had its target price increased by Peel Hunt from GBX 200 ($2.61) to GBX 203 ($2.65) in a research note issued to investors on Friday, February 1st. The firm presently has a “buy” rating on the stock. Peel Hunt’s target price indicates a potential upside of 60.47% from the company’s previous close.
Separately, Berenberg Bank reissued a “buy” rating on shares of Sumo Group in a research note on Thursday, November 8th.
Sumo Group stock opened at GBX 124.94 ($1.63) on Friday. Sumo Group has a one year low of GBX 96 ($1.25) and a one year high of GBX 120 ($1.57).
Sumo Group Company Profile
Sumo Group Plc, together with its subsidiaries, develops and provides video games in the United Kingdom. The company develops games across a range of console platforms, PC, handheld, and mobile devices. It also offers services to entertainment industry, including games, TV, and film. The company was founded in 2003 and is headquartered in Sheffield, the United Kingdom.
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