Playtech PLC (LON:PTEC)‘s stock had its “buy” rating reiterated by equities research analysts at Canaccord Genuity in a report released on Wednesday, May 17th. They currently have a GBX 1,140 ($14.42) price target on the stock. Canaccord Genuity’s target price would suggest a potential upside of 14.57% from the stock’s previous close.
Other equities analysts have also issued research reports about the company. Shore Capital reissued a “buy” rating and issued a GBX 890 ($11.26) target price on shares of Playtech PLC in a report on Thursday, February 23rd. Liberum Capital reissued a “buy” rating and issued a GBX 1,020 ($12.90) target price on shares of Playtech PLC in a report on Thursday, February 23rd. Investec dropped their target price on Playtech PLC from GBX 1,140 ($14.42) to GBX 1,120 ($14.17) and set a “buy” rating on the stock in a report on Tuesday, January 17th. Berenberg Bank reissued a “buy” rating and issued a GBX 1,250 ($15.81) target price on shares of Playtech PLC in a report on Thursday, February 9th. Finally, Numis Securities Ltd reissued a “buy” rating and issued a GBX 1,100 ($13.92) target price on shares of Playtech PLC in a report on Thursday, February 23rd. Ten research analysts have rated the stock with a buy rating, The company presently has an average rating of “Buy” and an average price target of GBX 1,125 ($14.23).
Playtech PLC (PTEC) traded up 1.02% during midday trading on Wednesday, hitting GBX 995.00. The company had a trading volume of 2,450,167 shares. Playtech PLC has a 52 week low of GBX 745.00 and a 52 week high of GBX 1,010.00. The company’s market capitalization is GBX 3.13 billion. The stock has a 50 day moving average price of GBX 977.00 and a 200 day moving average price of GBX 896.56.
Playtech PLC Company Profile
Playtech plc supplies online gaming software. The Company and its subsidiaries develop software platforms for the online and land-based gambling industry. Its gaming applications include online casino, poker and other pay to play games, bingo, mobile, live gaming, land-based terminal and fixed-odds games.
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