Playtech (PTEC) Stock Rating Reaffirmed by Credit Suisse Group

Credit Suisse Group reiterated their outperform rating on shares of Playtech (LON:PTEC) in a research report sent to investors on Thursday morning. The brokerage currently has a GBX 980 ($13.29) target price on the stock.

Other research analysts have also recently issued research reports about the company. Liberum Capital reaffirmed a buy rating and set a GBX 1,020 ($13.83) target price on shares of Playtech in a research note on Friday, November 3rd. Deutsche Bank cut their target price on Playtech from GBX 1,175 ($15.93) to GBX 1,060 ($14.37) and set a buy rating on the stock in a research note on Friday, November 3rd. Canaccord Genuity Group cut their target price on Playtech from GBX 1,140 ($15.46) to GBX 1,090 ($14.78) and set a buy rating on the stock in a research note on Thursday, November 2nd. Numis Securities reaffirmed a buy rating and set a GBX 1,040 ($14.10) target price on shares of Playtech in a research note on Thursday, November 2nd. Finally, Canaccord Genuity cut their target price on Playtech from GBX 1,140 ($15.46) to GBX 1,090 ($14.78) and set a buy rating on the stock in a research note on Thursday, November 2nd. One research analyst has rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. The stock has an average rating of Buy and a consensus price target of GBX 1,033.57 ($14.02).

Playtech (PTEC) opened at GBX 812.60 ($11.02) on Thursday. The company has a market capitalization of $2,590.00 and a P/E ratio of 1,401.03. Playtech has a 52 week low of GBX 712.08 ($9.66) and a 52 week high of GBX 1,020 ($13.83).

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Playtech 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.

Analyst Recommendations for Playtech (LON:PTEC)

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