Shares of Playtech PLC (LON:PTEC) have received a consensus rating of “Buy” from the eleven brokerages that are currently covering the stock, Marketbeat.com reports. Eleven research analysts have rated the stock with a buy rating. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is GBX 1,135.50 ($14.98).
Several equities analysts have issued reports on the company. Canaccord Genuity reaffirmed a “buy” rating and set a GBX 1,140 ($15.04) price objective on shares of Playtech PLC in a report on Thursday. Investec reissued a “buy” rating and set a GBX 1,120 ($14.77) price target on shares of Playtech PLC in a report on Wednesday. Finally, Morgan Stanley raised their price target on Playtech PLC from GBX 1,350 ($17.81) to GBX 1,380 ($18.20) and gave the stock an “overweight” rating in a report on Monday, July 17th.
Playtech PLC (LON PTEC) traded up 1.14% during midday trading on Monday, hitting GBX 979.00. The company had a trading volume of 979,759 shares. The stock has a 50 day moving average price of GBX 968.22 and a 200-day moving average price of GBX 931.70. The stock’s market capitalization is GBX 3.08 billion. Playtech PLC has a 52 week low of GBX 757.50 and a 52 week high of GBX 1,020.00.
In other Playtech PLC news, insider Shimon Akad sold 18,856 shares of the business’s stock in a transaction on Thursday, June 29th. The shares were sold at an average price of GBX 963 ($12.70), for a total value of £181,583.28 ($239,524.18).
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.
Receive News & Ratings for Playtech PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Playtech PLC and related companies with MarketBeat.com's FREE daily email newsletter.
