Jackpotjoy (JPJ) Receives Buy Rating from Berenberg Bank

Jackpotjoy (LON:JPJ)‘s stock had its “buy” rating reaffirmed by analysts at Berenberg Bank in a report issued on Tuesday. They currently have a GBX 1,150 ($16.12) price target on the stock. Berenberg Bank’s target price would indicate a potential upside of 46.87% from the company’s current price.

Other equities research analysts have also recently issued reports about the company. began coverage on Jackpotjoy in a report on Monday, November 13th. They issued a “buy” rating and a GBX 1,000 ($14.02) target price for the company. reiterated a “buy” rating and issued a GBX 1,000 ($14.02) target price on shares of Jackpotjoy in a report on Tuesday, November 14th. began coverage on Jackpotjoy in a report on Monday, November 13th. They issued a “buy” rating and a GBX 1,000 ($14.02) target price for the company. Canaccord Genuity upped their target price on Jackpotjoy from GBX 955 ($13.39) to GBX 1,105 ($15.49) and gave the stock a “buy” rating in a report on Monday, November 27th. Finally, Investec began coverage on Jackpotjoy in a report on Monday, November 13th. They issued a “buy” rating and a GBX 1,000 ($14.02) target price for the company. Seven research analysts have rated the stock with a buy rating, The company has a consensus rating of “Buy” and an average target price of GBX 975 ($13.67).

Shares of Jackpotjoy (LON:JPJ) traded down GBX 29 ($0.41) during mid-day trading on Tuesday, hitting GBX 783 ($10.98). The company’s stock had a trading volume of 59,253 shares, compared to its average volume of 134,141. Jackpotjoy has a twelve month low of GBX 528.50 ($7.41) and a twelve month high of GBX 885 ($12.41). The stock has a market cap of $585.11 and a PE ratio of -1,423.64.

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Jackpotjoy Company Profile

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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