Playtech PLC (PTEC) Given Buy Rating at Liberum Capital
Playtech PLC (LON:PTEC)‘s stock had its “buy” rating restated by research analysts at Liberum Capital in a research note issued on Monday, October 2nd. They currently have a GBX 1,020 ($13.41) price target on the stock. Liberum Capital’s price target indicates a potential upside of 8.51% from the company’s previous close.
PTEC has been the topic of several other research reports. Credit Suisse Group restated an “outperform” rating and set a GBX 1,200 ($15.78) target price on shares of Playtech PLC in a research note on Thursday, September 28th. Investec restated a “buy” rating and set a GBX 1,120 ($14.73) target price on shares of Playtech PLC in a research note on Wednesday, August 2nd. Canaccord Genuity restated a “buy” rating and set a GBX 1,140 ($14.99) target price on shares of Playtech PLC in a research note on Thursday, August 3rd. Morgan Stanley upped their target price on shares of Playtech PLC from GBX 1,350 ($17.75) to GBX 1,380 ($18.14) and gave the company an “overweight” rating in a research note on Monday, July 17th. Finally, Numis Securities Ltd restated a “buy” rating and set a GBX 1,275 ($16.76) target price (up previously from GBX 1,100 ($14.46)) on shares of Playtech PLC in a research note on Thursday, August 24th. Twelve investment analysts have rated the stock with a buy rating, The company currently has an average rating of “Buy” and a consensus price target of GBX 1,150 ($15.12).
Shares of Playtech PLC (LON PTEC) traded down 0.53% during trading on Monday, hitting GBX 940.00. 666,305 shares of the stock were exchanged. The firm’s 50 day moving average price is GBX 934.77 and its 200-day moving average price is GBX 956.40. Playtech PLC has a 52 week low of GBX 757.50 and a 52 week high of GBX 1,018.70. The stock’s market cap is GBX 2.95 billion.
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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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