Sumo Group’s (SUMO) “Buy” Rating Reiterated at Peel Hunt

Peel Hunt reissued their buy rating on shares of Sumo Group (LON:SUMO) in a research note published on Monday morning, ThisIsMoney.Co.Uk reports.

Separately, Berenberg Bank restated a buy rating on shares of Sumo Group in a research report on Tuesday, March 3rd. Five equities research analysts have rated the stock with a buy rating, The company currently has a consensus rating of Buy and a consensus price target of GBX 195.80 ($2.58).

SUMO opened at GBX 147 ($1.93) on Monday. The company has a current ratio of 2.07, a quick ratio of 2.07 and a debt-to-equity ratio of 10.59. Sumo Group has a 12 month low of GBX 125.50 ($1.65) and a 12 month high of GBX 205 ($2.70). The firm has a market cap of $223.10 million and a P/E ratio of 91.88. The stock has a 50-day moving average of GBX 170.67 and a 200 day moving average of GBX 167.79.

In related news, insider Carl Cavers sold 500,000 shares of the company’s stock in a transaction on Wednesday, January 22nd. The shares were sold at an average price of GBX 195 ($2.57), for a total value of £975,000 ($1,282,557.22).

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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Analyst Recommendations for Sumo Group (LON:SUMO)

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