Credit Suisse Reaffirms 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. They currently have a GBX 780 ($13.04) target price on the stock. Credit Suisse’s price target indicates a potential upside of 20.00% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Goodbody Stockbrokers Ltd reiterated a “hold” rating on shares of Playtech PLC in a research note on Wednesday, July 16th. Separately, analysts at Nomura upgraded shares of Playtech PLC to a “buy” rating in a research note on Thursday, June 19th. They now have a GBX 753 ($12.59) price target on the stock, down previously from GBX 776 ($12.97). Finally, analysts at BNP Paribas reiterated an “outperform” rating on shares of Playtech PLC in a research note on Wednesday, June 11th. They now have a GBX 940 ($15.71) price target on the stock. Four equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of GBX 810.30 ($13.55).
Playtech PLC (LON:PTEC) opened at 649.50 on Thursday. Playtech PLC has a one year low of GBX 570.50 and a one year high of GBX 847.5001. The stock’s 50-day moving average is GBX 621. and its 200-day moving average is GBX 664.. The company’s market cap is £1.904 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.