Panmure Gordon Reaffirms “Hold” Rating for Bwin.party Digital Entertainment Plc (BPTY)
Bwin.party Digital Entertainment Plc (LON:BPTY)‘s stock had its “hold” rating reaffirmed by investment analysts at Panmure Gordon in a note issued to investors on Thursday. They currently have a GBX 105 ($1.74) price objective on the stock. Panmure Gordon’s price target indicates a potential upside of 30.27% from the stock’s previous close.
Bwin.party Digital Entertainment Plc (LON:BPTY) traded down 0.56% during mid-day trading on Thursday, hitting GBX 80.15. 2,003,614 shares of the company’s stock traded hands. Bwin.party Digital Entertainment Plc has a 1-year low of GBX 80.10 and a 1-year high of GBX 135.50. The stock’s 50-day moving average is GBX 84.84 and its 200-day moving average is GBX 110.0. The company’s market cap is £652.7 million.
Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Bwin.party Digital Entertainment Plc in a research note on Tuesday. They now have a GBX 100 ($1.65) price target on the stock. Separately, analysts at Credit Suisse cut their price target on shares of Bwin.party Digital Entertainment Plc from GBX 99 ($1.64) to GBX 88 ($1.46) in a research note on Friday, July 25th. They now have an “underperform” rating on the stock. Finally, analysts at Citigroup Inc. upgraded shares of Bwin.party Digital Entertainment Plc to a “neutral” rating in a research note on Wednesday, July 16th. They now have a GBX 84 ($1.39) price target on the stock, down previously from GBX 95 ($1.57). Three research analysts have rated the stock with a sell rating, six have given a hold rating and five have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of GBX 128.73 ($2.13).
bwin.party digital entertainment plc (LON:BPTY) is a holding company.
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