Playtech PLC (PTEC) Stock Rating Reaffirmed by Numis Securities Ltd
Playtech PLC (LON:PTEC)‘s stock had its “buy” rating reissued by equities research analysts at Numis Securities Ltd in a research note issued on Thursday. They currently have a GBX 1,100 ($13.63) target price on the stock. Numis Securities Ltd’s price objective indicates a potential upside of 24.65% from the stock’s current price.
Several other equities analysts also recently weighed in on the company. Investec reissued a “buy” rating and set a GBX 1,122 ($13.90) target price on shares of Playtech PLC in a research report on Wednesday, November 2nd. Liberum Capital reissued a “buy” rating and set a GBX 1,020 ($12.63) target price on shares of Playtech PLC in a research report on Wednesday, August 24th. Berenberg Bank initiated coverage on Playtech PLC in a research report on Friday, July 22nd. They set a “buy” rating and a GBX 1,200 ($14.86) target price on the stock. Shore Capital reissued a “buy” rating on shares of Playtech PLC in a research report on Wednesday, July 13th. Finally, Canaccord Genuity reissued a “buy” rating and set a GBX 1,125 ($13.94) target price on shares of Playtech PLC in a research report on Tuesday, September 20th. Two investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of GBX 1,044.85 ($12.94).
Playtech PLC (LON:PTEC) opened at 911.00 on Thursday. The firm’s 50-day moving average price is GBX 916.77 and its 200 day moving average price is GBX 863.59. Playtech PLC has a 12 month low of GBX 699.00 and a 12 month high of GBX 954.50. The stock’s market cap is GBX 2.91 billion.
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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