Playtech PLC Rating Reiterated by Panmure Gordon (PTEC)
Playtech PLC (LON:PTEC)‘s stock had its “buy” rating reaffirmed by equities researchers at Panmure Gordon in a research report issued on Thursday. They currently have a GBX 800 ($13.24) target price on the stock. Panmure Gordon’s price target points to a potential upside of 20.66% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. 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. Separately, analysts at Credit Suisse reiterated a “neutral” rating on shares of Playtech PLC in a research note on Thursday, August 21st. They now have a GBX 780 ($12.91) price target on the stock. Finally, analysts at Goodbody Stockbrokers Ltd reiterated a “hold” rating on shares of Playtech PLC in a research note on Wednesday, July 16th. Four research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Playtech PLC has an average rating of “Buy” and an average target price of GBX 811.80 ($13.43).
Playtech PLC (LON:PTEC) traded up 7.39% during mid-day trading on Thursday, hitting GBX 712.00. The stock had a trading volume of 1,651,452 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 £2.088 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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