Separately, Berenberg Bank initiated coverage on Codemasters Group in a research report on Thursday, August 30th. They issued a buy rating and a GBX 215 ($2.81) price objective for the company.
Shares of CDM stock opened at GBX 173 ($2.26) on Wednesday.
Codemasters Group Holdings Plc, together with its subsidiaries, develops, publishes, markets, and distributes racing video games in the United Kingdom and internationally. The company is headquartered in Southam, the United Kingdom. Codemasters Group Holdings Plc is a subsidiary of Reliance Big Entertainment (Singapore) Pte Limited.
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