Playtech PLC (LON: PTEC) recently received a number of ratings updates from brokerages and research firms:

  • 8/30/2017 – Playtech PLC had its price target lowered by analysts at Berenberg Bank from GBX 1,250 ($16.14) to GBX 1,180 ($15.24). They now have a “buy” rating on the stock.
  • 8/25/2017 – Playtech PLC had its “buy” rating reaffirmed by analysts at Citigroup Inc.. They now have a GBX 1,250 ($16.14) price target on the stock, down previously from GBX 1,260 ($16.27).
  • 8/24/2017 – Playtech PLC had its “buy” rating reaffirmed by analysts at Shore Capital.
  • 8/24/2017 – Playtech PLC had its “buy” rating reaffirmed by analysts at Numis Securities Ltd. They now have a GBX 1,275 ($16.47) price target on the stock, up previously from GBX 1,100 ($14.21).
  • 8/23/2017 – Playtech PLC had its “buy” rating reaffirmed by analysts at Liberum Capital. They now have a GBX 1,020 ($13.17) price target on the stock.
  • 8/14/2017 – Playtech PLC is now covered by analysts at Credit Suisse Group. They set an “outperform” rating and a GBX 1,200 ($15.50) price target on the stock.
  • 8/3/2017 – Playtech PLC had its “buy” rating reaffirmed by analysts at Canaccord Genuity. They now have a GBX 1,140 ($14.72) price target on the stock.
  • 8/2/2017 – Playtech PLC had its “buy” rating reaffirmed by analysts at Investec. They now have a GBX 1,120 ($14.46) price target on the stock.
  • 7/17/2017 – Playtech PLC had its price target raised by analysts at Morgan Stanley from GBX 1,350 ($17.44) to GBX 1,380 ($17.82). They now have an “overweight” rating on the stock.

Playtech PLC (PTEC) opened at 937.00 on Friday. The stock’s market capitalization is GBX 2.95 billion. Playtech PLC has a 12 month low of GBX 757.50 and a 12 month high of GBX 1,020.00. The stock has a 50 day moving average price of GBX 966.19 and a 200 day moving average price of GBX 952.52.

The company also recently declared a dividend, which will be paid on Tuesday, October 24th. Stockholders of record on Thursday, September 21st will be issued a dividend of €0.12 ($0.14) per share. The ex-dividend date is Thursday, September 21st. This represents a dividend yield of 1.12%.

In other news, insider Shimon Akad sold 18,856 shares of the stock in a transaction on Thursday, June 29th. The stock was sold at an average price of GBX 963 ($12.44), for a total transaction of £181,583.28 ($234,512.82).

Playtech plc supplies online gaming software. The Company and its subsidiaries develop software platforms for the online and land-based gambling industry. Its gaming applications include online casino, poker and other pay to play games, bingo, mobile, live gaming, land-based terminal and fixed-odds games.

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