Playtech PLC’s (PTEC) “Buy” Rating Reiterated at Deutsche Bank AG
Playtech PLC (LON:PTEC)‘s stock had its “buy” rating reiterated by investment analysts at Deutsche Bank AG in a research note issued to investors on Friday.
A number of other analysts also recently issued reports on PTEC. Liberum Capital lifted their price target on Playtech PLC from GBX 980 ($12.14) to GBX 1,020 ($12.63) and gave the stock a “buy” rating in a report on Wednesday, July 20th. Berenberg Bank started coverage on Playtech PLC in a report on Friday, July 22nd. They set a “buy” rating and a GBX 1,200 ($14.86) price target for the company. Shore Capital reaffirmed a “buy” rating on shares of Playtech PLC in a report on Thursday, August 25th. Goodbody reaffirmed a “buy” rating on shares of Playtech PLC in a report on Thursday, August 25th. Finally, Canaccord Genuity reissued a “buy” rating and issued a GBX 1,125 ($13.94) target price on shares of Playtech PLC in a report on Friday, September 2nd. Two equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of GBX 1,034.46 ($12.81).
Playtech PLC (LON:PTEC) opened at 880.50 on Friday. Playtech PLC has a 12 month low of GBX 699.00 and a 12 month high of GBX 954.50. The firm’s 50-day moving average price is GBX 917.57 and its 200-day moving average price is GBX 863.46. The stock’s market cap is GBX 2.81 billion.
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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