Peel Hunt Reaffirms “Buy” Rating for Playtech PLC (PTEC)
PTEC has been the subject of a number of other recent research reports. Analysts at Canaccord Genuity raised their price target on shares of Playtech PLC from GBX 825 ($13.65) to GBX 840 ($13.90) in a research note on Thursday. They now have a “buy” rating on the stock. Separately, analysts at Panmure Gordon reiterated a “buy” rating on shares of Playtech PLC in a research note on Thursday. They now have a GBX 800 ($13.24) price target on the stock. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Playtech PLC in a research note on Tuesday. They now have a GBX 800 ($13.24) price target on the stock. Four analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of GBX 811.80 ($13.43).
Playtech PLC (LON:PTEC) traded up 5.55% on Thursday, hitting GBX 699.78. The stock had a trading volume of 1,203,632 shares. Playtech PLC has a 52 week low of GBX 570.50 and a 52 week high of GBX 847.5001. The stock’s 50-day moving average is GBX 624.7 and its 200-day moving average is GBX 663.3. The company’s market cap is £2.052 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.
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