Playtech PLC’s (PTEC) Buy Rating Reaffirmed at Liberum Capital

Liberum Capital restated their buy rating on shares of Playtech PLC (LON:PTEC) in a research note released on Tuesday morning. The firm currently has a GBX 1,020 ($12.40) price objective on the stock.

PTEC has been the subject of a number of other research reports. Canaccord Genuity restated a buy rating and set a GBX 1,125 ($13.68) price objective on shares of Playtech PLC in a research note on Tuesday, September 20th. Investec restated a buy rating and set a GBX 1,111 ($13.51) price objective on shares of Playtech PLC in a research note on Wednesday, September 14th. Deutsche Bank AG restated a buy rating and set a GBX 1,175 ($14.29) price objective on shares of Playtech PLC in a research note on Wednesday, December 28th. Berenberg Bank raised their price objective on Playtech PLC from GBX 1,200 ($14.59) to GBX 1,250 ($15.20) and gave the company a buy rating in a research note on Tuesday, November 15th. Finally, Numis Securities Ltd restated a buy rating and set a GBX 1,100 ($13.38) price objective on shares of Playtech PLC in a research note on Thursday, November 10th. Two investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Playtech PLC has an average rating of Buy and a consensus price target of GBX 1,111.60 ($13.52).

Playtech PLC (LON:PTEC) traded down 0.78% during midday trading on Tuesday, hitting GBX 831.00. The stock had a trading volume of 755,569 shares. Playtech PLC has a one year low of GBX 699.00 and a one year high of GBX 954.50. The stock has a 50-day moving average price of GBX 837.27 and a 200 day moving average price of GBX 870.92. The firm’s market cap is GBX 2.65 billion.

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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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