Bank of America began coverage on shares of Playags (NYSE:AGS) in a research note published on Tuesday, February 20th, MarketBeat Ratings reports. The firm issued a buy rating and a $23.50 price objective on the stock.
Several other brokerages also recently issued reports on AGS. Deutsche Bank initiated coverage on Playags in a research report on Tuesday, February 20th. They issued a buy rating and a $23.00 price target on the stock. Jefferies Group initiated coverage on Playags in a research report on Tuesday, February 20th. They set a hold rating on the stock. Finally, SunTrust Banks initiated coverage on Playags in a research report on Tuesday, February 20th. They set a buy rating and a $23.00 target price on the stock. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. The stock presently has an average rating of Buy and a consensus price target of $23.38.
Shares of Playags (AGS) traded up $0.62 during trading hours on Tuesday, hitting $21.51. The company had a trading volume of 472,771 shares, compared to its average volume of 170,037. Playags has a twelve month low of $16.66 and a twelve month high of $21.99. The company has a current ratio of 1.76, a quick ratio of 1.29 and a debt-to-equity ratio of -29.46. The stock has a market capitalization of $723.36 and a price-to-earnings ratio of -12.73.
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Playags Company Profile
PlayAGS, Inc is a designer and supplier of EGMs and other products and services for the gaming industry. The Company is focused on supplying electronic gaming machines (EGMs), including slot machines, video bingo machines, and other electronic gaming devices, to the Native American gaming market. Its product line-up to include Class III EGMs for commercial and Native American casinos permitted to operate Class III EGMs, table game products and interactive products.
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