NIP Group (NASDAQ:NIPG) Now Covered by Maxim Group

Equities researchers at Maxim Group assumed coverage on shares of NIP Group (NASDAQ:NIPG) in a research report issued on Thursday,Benzinga reports. The brokerage set a “buy” rating and a $12.00 price target on the stock. Maxim Group’s price objective points to a potential upside of 70.21% from the stock’s current price.

NIP Group Stock Down 2.5 %

Shares of NASDAQ:NIPG opened at $7.05 on Thursday. The firm has a 50 day moving average price of $6.75. NIP Group has a 52 week low of $5.40 and a 52 week high of $17.76.

About NIP Group

Our mission is to create transformative esports experiences that entertain, inspire and connect fans across the globe. Our vision is to become the premier esports organization in the world. We are a leading esports organization with the most expansive global footprint by virtue of our operations across Asia, Europe and South America, according to the Frost & Sullivan Report.