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).
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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