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

Peel Hunt reaffirmed their buy rating on shares of Sumo Group (LON:SUMO) in a research note issued to investors on Friday.

Separately, Berenberg Bank started coverage on shares of Sumo Group in a research report on Thursday, August 30th. They issued a buy rating and a GBX 205 ($2.68) target price for the company.

LON SUMO traded down GBX 1.25 ($0.02) on Friday, hitting GBX 162 ($2.12). The stock had a trading volume of 5,873 shares, compared to its average volume of 169,793. Sumo Group has a one year low of GBX 96 ($1.25) and a one year high of GBX 120 ($1.57).

About Sumo Group

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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