Playtech PLC’s (PTEC) “Buy” Rating Reaffirmed at Numis Securities Ltd
Playtech PLC (LON:PTEC)‘s stock had its “buy” rating restated by investment analysts at Numis Securities Ltd in a research report issued to clients and investors on Thursday. They presently have a GBX 1,040 ($13.72) target price on the stock. Numis Securities Ltd’s price target would suggest a potential upside of 35.42% from the company’s previous close.
Several other research analysts also recently issued reports on PTEC. Investec reduced their price objective on Playtech PLC from GBX 1,120 ($14.78) to GBX 1,030 ($13.59) and set a “buy” rating on the stock in a report on Friday. Deutsche Bank AG dropped their target price on shares of Playtech PLC from GBX 1,175 ($15.51) to GBX 1,060 ($13.99) and set a “buy” rating for the company in a research report on Friday. Liberum Capital reiterated a “buy” rating and set a GBX 1,020 ($13.46) target price on shares of Playtech PLC in a research report on Friday. Canaccord Genuity dropped their target price on shares of Playtech PLC from GBX 1,140 ($15.04) to GBX 1,090 ($14.38) and set a “buy” rating for the company in a research report on Thursday. Finally, Credit Suisse Group reiterated an “outperform” rating and set a GBX 1,200 ($15.84) target price on shares of Playtech PLC in a research report on Thursday, September 28th. Twelve research analysts have rated the stock with a buy rating, Playtech PLC has a consensus rating of “Buy” and an average target price of GBX 1,105.45 ($14.59).
Playtech PLC Company Profile
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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