Playtech PLC (PTEC) Stock Rating Reaffirmed by Canaccord Genuity
Playtech PLC (LON:PTEC)‘s stock had its “buy” rating restated by equities researchers at Canaccord Genuity in a research note issued on Friday. They presently have a GBX 1,125 ($14.06) target price on the stock. Canaccord Genuity’s target price would indicate a potential upside of 23.76% from the stock’s previous close.
Other equities analysts have also issued research reports about the stock. Deutsche Bank AG reiterated a “buy” rating and set a GBX 1,175 ($14.68) price objective on shares of Playtech PLC in a research report on Friday. Numis Securities Ltd reiterated a “buy” rating and set a GBX 1,100 ($13.74) price objective on shares of Playtech PLC in a research report on Thursday, November 10th. Shore Capital reiterated a “buy” rating on shares of Playtech PLC in a research report on Wednesday, November 9th. Investec reiterated a “buy” rating and set a GBX 1,122 ($14.02) price objective on shares of Playtech PLC in a research report on Wednesday, November 2nd. Finally, Citigroup Inc. reiterated a “buy” rating on shares of Playtech PLC in a research report on Thursday, September 8th. Two equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of GBX 1,050.08 ($13.12).
Playtech PLC (LON:PTEC) opened at 915.50 on Friday. The stock’s market cap is GBX 2.92 billion. Playtech PLC has a 12 month low of GBX 699.00 and a 12 month high of GBX 954.50. The company’s 50 day moving average is GBX 916.68 and its 200 day moving average is GBX 865.10.
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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