Jackpotjoy PLC (LON:JPJ) has earned an average recommendation of “Buy” from the seven brokerages that are covering the company, MarketBeat reports. Seven analysts have rated the stock with a buy recommendation. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is GBX 953.57 ($12.75).

JPJ has been the topic of several recent research reports. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 1,000 ($13.37) price objective on shares of Jackpotjoy in a research note on Monday, October 16th. Investec initiated coverage on shares of Jackpotjoy in a research note on Monday, November 13th. They issued a “buy” rating and a GBX 1,000 ($13.37) price objective on the stock. Canaccord Genuity lifted their price objective on shares of Jackpotjoy from GBX 955 ($12.77) to GBX 1,105 ($14.77) and gave the stock a “buy” rating in a research note on Monday, November 27th. started coverage on shares of Jackpotjoy in a research report on Monday, November 13th. They issued a “buy” rating and a GBX 1,000 ($13.37) target price on the stock. Finally, reissued a “buy” rating and issued a GBX 1,000 ($13.37) target price on shares of Jackpotjoy in a research report on Tuesday, November 14th.

Shares of Jackpotjoy (LON JPJ) opened at GBX 826 ($11.04) on Thursday. The firm has a market cap of $618.34 and a price-to-earnings ratio of -1,501.82. Jackpotjoy has a 1 year low of GBX 528.50 ($7.07) and a 1 year high of GBX 871 ($11.65).

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About Jackpotjoy

Jackpotjoy plc is a United Kingdom-based holding company. The Company is an online bingo-led operator, which provides entertainment to a global consumer base through its subsidiaries. The Company’s segments include the Jackpotjoy segment, the Vera&John segment and the Mandalay segment. The Company’s Jackpotjoy and Mandalay segments focus on real money online bingo-led entertainment.

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