Esports Entertainment Group (GMBL) Gets a Buy Rating from Noble Financial

In a report released today, Michael Kupinski from Noble Financial maintained a Buy rating on Esports Entertainment Group (GMBLResearch Report), with a price target of $20.00. The company’s shares closed last Tuesday at $15.72.

According to TipRanks.com, Kupinski is a 4-star analyst with an average return of 13.4% and a 49.4% success rate. Kupinski covers the Services sector, focusing on stocks such as Tribune Publishing Co, Salem Communications, and Townsquare Media.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Esports Entertainment Group with a $11.00 average price target.

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Esports Entertainment Group’s market cap is currently $244.6M and has a P/E ratio of -13.00. The company has a Price to Book ratio of 69.74.

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Esports Entertainment Group, Inc. operates as an online gambling platform. It offers bet exchange style wagering on esports events in a licensed, regulated and secure platform to the global esports audience. The company was founded on July 22, 2008 and is headquartered in Malta, Antigua and Barbuda.