Credit Suisse Group Reiterates Outperform Rating for Playtech (PTEC)

Credit Suisse Group reiterated their outperform rating on shares of Playtech (LON:PTEC) in a report issued on Thursday, January 11th. Credit Suisse Group currently has a GBX 980 ($13.29) price objective on the stock.

A number of other equities analysts also recently issued reports on the stock. Liberum Capital reaffirmed a buy rating and set a GBX 1,020 ($13.83) price objective on shares of Playtech in a report on Friday, November 3rd. Berenberg Bank cut their price objective on shares of Playtech from GBX 1,180 ($16.00) to GBX 1,000 ($13.56) and set a buy rating on the stock in a report on Monday, November 13th. Canaccord Genuity cut their price objective on shares of Playtech from GBX 1,140 ($15.46) to GBX 1,090 ($14.78) and set a buy rating on the stock in a report on Thursday, November 2nd. Deutsche Bank reiterated a buy rating and set a GBX 1,060 ($14.37) target price on shares of Playtech in a research note on Monday, November 13th. Finally, Morgan Stanley reiterated an overweight rating and set a GBX 1,050 ($14.24) target price on shares of Playtech in a research note on Monday, January 8th. One analyst has rated the stock with a hold rating and thirteen have issued a buy rating to the company. Playtech presently has a consensus rating of Buy and a consensus price target of GBX 1,033.57 ($14.02).

Shares of Playtech (PTEC) opened at GBX 797 ($10.81) on Thursday. The stock has a market cap of $2,550.00 and a price-to-earnings ratio of 1,374.14. Playtech has a 52-week low of GBX 712.08 ($9.66) and a 52-week high of GBX 1,020 ($13.83).

WARNING: “Credit Suisse Group Reiterates Outperform Rating for Playtech (PTEC)” was originally published by Week Herald and is the property of of Week Herald. If you are reading this report on another website, it was stolen and republished in violation of U.S. & international trademark & copyright law. The legal version of this report can be accessed at https://weekherald.com/2018/01/22/playtech-ptec-stock-rating-reaffirmed-by-credit-suisse-group.html.

About Playtech

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)

Receive News & Ratings for Playtech Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Playtech and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply