Canaccord Genuity reissued their buy rating on shares of Playtech PLC (LON:PTEC) in a report issued on Thursday, August 3rd. They currently have a GBX 1,140 ($14.80) price objective on the stock.
Several other analysts also recently weighed in on PTEC. Investec restated a buy rating and issued a GBX 1,120 ($14.54) price target on shares of Playtech PLC in a research note on Wednesday, August 2nd. Morgan Stanley upped their price target on Playtech PLC from GBX 1,350 ($17.53) to GBX 1,380 ($17.92) and gave the stock an overweight rating in a research note on Monday, July 17th. Twelve equities research analysts have rated the stock with a buy rating, The company presently has a consensus rating of Buy and an average price target of GBX 1,141.36 ($14.82).
Shares of Playtech PLC (LON PTEC) opened at 979.00 on Thursday. The firm’s 50-day moving average price is GBX 960.76 and its 200 day moving average price is GBX 941.38. The company’s market capitalization is GBX 3.08 billion. Playtech PLC has a one year low of GBX 757.50 and a one year high of GBX 1,020.00.
COPYRIGHT VIOLATION WARNING: This piece was first published by StockNewsTimes and is the sole property of of StockNewsTimes. If you are reading this piece on another site, it was copied illegally and reposted in violation of international copyright law. The correct version of this piece can be viewed at https://stocknewstimes.com/2017/08/16/playtech-plc-lonptec-rating-reiterated-by-canaccord-genuity-updated.html.
In related news, insider Shimon Akad sold 18,856 shares of the firm’s stock in a transaction on Thursday, June 29th. The stock was sold at an average price of GBX 963 ($12.50), for a total value of £181,583.28 ($235,730.60).
About Playtech PLC
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.
