Playtech PLC (PTEC) Given New GBX 1,250 Price Target at Berenberg Bank
Playtech PLC (LON:PTEC) had its price target raised by Berenberg Bank from GBX 1,200 ($14.99) to GBX 1,250 ($15.62) in a research note issued to investors on Tuesday morning. The firm currently has a buy rating on the stock.
PTEC has been the subject of several other reports. Shore Capital reissued a buy rating on shares of Playtech PLC in a report on Wednesday, November 9th. Deutsche Bank AG reissued a buy rating and set a GBX 1,175 ($14.68) price target on shares of Playtech PLC in a report on Friday, November 11th. Canaccord Genuity reissued a buy rating and set a GBX 1,125 ($14.06) price target on shares of Playtech PLC in a report on Friday, November 11th. Citigroup Inc. reissued a buy rating on shares of Playtech PLC in a report on Thursday, September 8th. Finally, Investec reissued a buy rating and set a GBX 1,122 ($14.02) price target on shares of Playtech PLC in a report on Wednesday, November 2nd. Two analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. The company presently has a consensus rating of Buy and an average price target of GBX 1,050.08 ($13.12).
Shares of Playtech PLC (LON:PTEC) traded down 0.38% during mid-day trading on Tuesday, hitting GBX 907.00. The stock had a trading volume of 924,545 shares. The stock has a 50 day moving average price of GBX 916.70 and a 200 day moving average price of GBX 866.12. The firm’s market cap is GBX 2.90 billion. Playtech PLC has a 52 week low of GBX 699.00 and a 52 week high of GBX 954.50.
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.
Receive News & Stock Ratings for Playtech PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Playtech PLC and related stocks with our FREE daily email newsletter.