Playtech PLC (PTEC) Earns “Buy” Rating from Canaccord Genuity
Playtech PLC (LON:PTEC)‘s stock had its “buy” rating reiterated by analysts at Canaccord Genuity in a research report issued on Wednesday. They presently have a GBX 1,140 ($14.14) price target on the stock. Canaccord Genuity’s target price would indicate a potential upside of 23.64% from the company’s previous close.
PTEC has been the topic of a number of other research reports. Shore Capital restated a “buy” rating on shares of Playtech PLC in a research note on Wednesday, November 9th. Deutsche Bank AG restated a “buy” rating and issued a GBX 1,175 ($14.58) target price on shares of Playtech PLC in a research note on Friday, November 11th. Citigroup Inc. restated a “buy” rating on shares of Playtech PLC in a research note on Thursday, September 8th. Investec restated a “buy” rating and issued a GBX 1,122 ($13.92) target price on shares of Playtech PLC in a research note on Wednesday, November 2nd. Finally, Goodbody restated a “buy” rating on shares of Playtech PLC in a research note on Thursday, August 25th. Two analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of GBX 1,052.36 ($13.06).
Shares of Playtech PLC (LON:PTEC) opened at 851.00 on Wednesday. The firm’s market cap is GBX 2.72 billion. The firm has a 50 day moving average price of GBX 915.81 and a 200-day moving average price of GBX 872.78. Playtech PLC has a one year low of GBX 699.00 and a one year high of GBX 954.50.
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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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