Playtech PLC (PTEC) Given New GBX 1,140 Price Target at Investec
Playtech PLC (LON:PTEC) had its price objective hoisted by Investec from GBX 1,122 ($14.02) to GBX 1,140 ($14.24) in a research report released on Tuesday. Investec currently has a buy rating on the stock.
A number of other equities research analysts have also commented on the company. Liberum Capital reiterated a buy rating and issued a GBX 1,020 ($12.74) price target on shares of Playtech PLC in a research report on Wednesday, August 24th. Berenberg Bank started coverage on Playtech PLC in a research report on Friday, July 22nd. They issued a buy rating and a GBX 1,200 ($14.99) price target on the stock. Shore Capital reiterated a buy rating on shares of Playtech PLC in a research report on Thursday, August 25th. Numis Securities Ltd reiterated a buy rating on shares of Playtech PLC in a research report on Tuesday, September 6th. Finally, Canaccord Genuity reiterated a buy rating and issued a GBX 1,125 ($14.06) price target on shares of Playtech PLC in a research report on Tuesday, September 20th. Two analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. Playtech PLC currently has an average rating of Buy and an average price target of GBX 1,050.08 ($13.12).
Playtech PLC (LON:PTEC) traded down 0.38% on Tuesday, hitting GBX 907.00. The company had a trading volume of 924,545 shares. Playtech PLC has a one year low of GBX 699.00 and a one year high of GBX 954.50. The stock’s 50-day moving average price is GBX 916.70 and its 200 day moving average price is GBX 866.12. The company’s market capitalization is GBX 2.90 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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