Peel Hunt reaffirmed their top pick rating on shares of Sumo Group (LON:SUMO) in a report issued on Monday. The firm currently has a GBX 200 ($2.61) price objective on the stock.

Separately, Berenberg Bank reissued a buy rating on shares of Sumo Group in a research note on Thursday, November 8th.

Shares of Sumo Group stock opened at GBX 132 ($1.72) on Monday. Sumo Group has a 12-month low of GBX 96 ($1.25) and a 12-month high of GBX 120 ($1.57).

In other news, insider David Wilton purchased 12,500 shares of Sumo Group stock in a transaction dated Thursday, November 22nd. The shares were purchased at an average price of GBX 138 ($1.80) per share, with a total value of £17,250 ($22,540.18). Also, insider Andrea Dunstan purchased 20,000 shares of Sumo Group stock in a transaction dated Friday, November 16th. The shares were purchased at an average cost of GBX 150 ($1.96) per share, for a total transaction of £30,000 ($39,200.31).

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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