Credit Suisse Reiterates “Neutral” Rating for Playtech PLC (PTEC)
Playtech PLC (LON:PTEC)‘s stock had its “neutral” rating reiterated by stock analysts at Credit Suisse in a report issued on Thursday, AnalystRatings.NET reports. They currently have a GBX 780 ($13.10) target price on the stock. Credit Suisse’s price target would suggest a potential upside of 18.35% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of Playtech PLC in a research note on Wednesday. They now have a GBX 825 ($13.86) price target on the stock. Separately, analysts at Goodbody Stockbrokers Ltd reiterated a “hold” rating on shares of Playtech PLC in a research note on Wednesday. Finally, analysts at Daniel Stewart & Co reiterated a “buy” rating on shares of Playtech PLC in a research note on Wednesday. They now have a GBX 840 ($14.11) price target on the stock. Five research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of GBX 800.60 ($13.45).
Playtech PLC (LON:PTEC) traded down 1.19% on Thursday, hitting GBX 659.0828. The stock had a trading volume of 342,239 shares. Playtech PLC has a one year low of GBX 565.50 and a one year high of GBX 847.5001. The stock’s 50-day moving average is GBX 675.1 and its 200-day moving average is GBX 712.1. The company’s market cap is £1.932 billion.
Playtech plc, formerly Playtech Limited, is an online gaming software supplier. The Company, along with its subsidiaries, develops unified software platforms for the online and land-based gambling industry, targeting online and land-based operators.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.