Risk factor
Good trading liquidity
Profitability factor
Very strong margins and returns
About
Evolution AB (publ) specializes in the creation, production, promotion, and licensing of live casino and slot game offerings, catering to online gaming operators mainly throughout Europe and the United States. Their innovative live casino system broadcasts games directly from physical casino tables in real-time, allowing players to place wagers instantly via their personal devices, including computers, smartphones, and tablets. The company's extensive suite of online live table games features popular titles such as Live Roulette, Blackjack, Baccarat, Super Sic Bo, Dragon Tiger, Craps, Live Casino Hold'em, Three Card Poker, and Ultimate Texas Hold'em, supported by a vast network of roughly 1000 tables. Established in 2006, this Stockholm, Sweden-based enterprise was previously known as Evolution Gaming Group AB (publ).
Company Valuation
From both historical and forecast perspectives, the stock is fairly priced compared to similar stocks. In particular, the stock is reasonably priced on P/E, of fair value
Target Price
The average target price of EVO.ST is 802 and suggests 0.783% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to