Bwin.Party Digital Entertainment Price Target Cut to GBX 170 (BPTY)
Analysts at Deutsche Bank cut their price objective on shares of Bwin.Party Digital Entertainment (LON:BPTY) from GBX 178 ($2.84) to GBX 170 ($2.71) in a research report issued to clients and investors on Thursday, AmericanBankingNews.com reports. The firm currently has a “buy” rating on the stock. Deutsche Bank’s price target indicates a potential upside of 44.93% from the company’s current price.
Shares of Bwin.Party Digital Entertainment (LON:BPTY) traded up 1.38% on Thursday, hitting GBX 117.30. The stock had a trading volume of 1,616,181 shares. Bwin.Party Digital Entertainment has a 1-year low of GBX 100.80 and a 1-year high of GBX 159.50. The stock’s 50-day moving average is GBX 117.5 and its 200-day moving average is GBX 127.6.
BPTY has been the subject of a number of other recent research reports. Analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Bwin.Party Digital Entertainment in a research note to investors on Thursday, October 10th. They now have a GBX 200 ($3.19) price target on the stock. Separately, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Bwin.Party Digital Entertainment in a research note to investors on Monday, October 7th. They now have a GBX 120 ($1.92) price target on the stock. Finally, analysts at Canaccord Genuity reiterated a “buy” rating on shares of Bwin.Party Digital Entertainment in a research note to investors on Friday, October 4th. They now have a GBX 128 ($2.04) price target on the stock. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and nine have assigned a buy rating to the company. Bwin.Party Digital Entertainment presently has a consensus rating of “Buy” and a consensus price target of GBX 154.44 ($2.47).
bwin.party digital entertainment plc (LON:BPTY) is a holding company.
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