Playtech PLC (PTEC) Given Buy Rating at Shore Capital

Shore Capital reissued their buy rating on shares of Playtech PLC (LON:PTEC) in a report published on Tuesday.

A number of other equities analysts have also weighed in on the stock. Liberum Capital restated a buy rating and set a GBX 1,020 ($12.40) price target on shares of Playtech PLC in a research report on Tuesday. Deutsche Bank AG restated a buy rating and set a GBX 1,175 ($14.29) price target on shares of Playtech PLC in a research report on Wednesday, December 28th. Citigroup Inc. restated a buy rating and set a GBX 1,260 ($15.32) price target on shares of Playtech PLC in a research report on Wednesday, December 7th. Canaccord Genuity restated a buy rating and set a GBX 1,140 ($13.86) price target on shares of Playtech PLC in a research report on Wednesday, December 7th. Finally, Goodbody restated a buy rating on shares of Playtech PLC in a research report on Wednesday, November 30th. Two analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. The company currently has an average rating of Buy and an average target price of GBX 1,111.60 ($13.52).

Shares of Playtech PLC (LON:PTEC) traded down 0.78% on Tuesday, hitting GBX 831.00. 755,569 shares of the company were exchanged. The stock’s market capitalization is GBX 2.65 billion. The firm’s 50-day moving average is GBX 837.27 and its 200-day moving average is GBX 870.92. Playtech PLC has a 52-week low of GBX 699.00 and a 52-week high of GBX 954.50.

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Playtech PLC 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.

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