Wall Street analyst Jack Vander Aarde believes that the stock of Esports Entertainment Group is a buy and predicts its value to double soon enough. Esports Entertainment Group is “the only esports-dedicated U.S. wagering platform,” he said after giving the company a target share price of $30.
Esports Entertainment Group has made several major moves recently. This includes signing partnerships with two NFL teams (Broncos, Patriots) and one MLS team (Revolution). The organization also held a Virtual Non-Deal Roadshow on April 1st.
Jack Vander Aarde is an Equity Research Associate Enterprise & Consumer Technology at Maxim Group LLC. Before joining Maxim, Vander Aarde worked as an Associate at Fortuna Advisors. He also has worked as an Analyst for KLS Professional Advisors. Vander Aarde earned his degree in Finance from Fordham University.