Playtech PLC (PTEC) Earns “Buy” Rating from Shore Capital
A number of other research firms also recently weighed in on PTEC. Canaccord Genuity reaffirmed a buy rating and set a GBX 1,125 ($13.94) price target on shares of Playtech PLC in a research note on Friday, October 21st. Investec reaffirmed a buy rating and set a GBX 1,122 ($13.90) price target on shares of Playtech PLC in a research note on Wednesday, November 2nd. Numis Securities Ltd reaffirmed a buy rating on shares of Playtech PLC in a research note on Tuesday, September 6th. Goodbody reissued a buy rating on shares of Playtech PLC in a research note on Thursday, August 25th. Finally, Deutsche Bank AG reissued a buy rating and issued a GBX 1,040 ($12.88) target price on shares of Playtech PLC in a research note on Thursday, August 25th. Two investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and a consensus price target of GBX 1,044.85 ($12.94).
Playtech PLC (LON:PTEC) opened at 920.50 on Wednesday. The company’s 50 day moving average is GBX 916.77 and its 200-day moving average is GBX 863.59. The firm’s market cap is GBX 2.94 billion. Playtech PLC has a 52 week low of GBX 699.00 and a 52 week high of GBX 954.50.
About Playtech PLC
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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