Jackpotjoy PLC (JPJ) Rating Reiterated by Berenberg Bank

Jackpotjoy PLC (LON:JPJ)‘s stock had its “buy” rating reaffirmed by analysts at Berenberg Bank in a research note issued to investors on Tuesday. They currently have a GBX 1,000 ($13.15) price target on the stock. Berenberg Bank’s price objective would suggest a potential upside of 17.72% from the company’s current price.

Separately, Investec initiated coverage on Jackpotjoy PLC in a research note on Monday. They set a “buy” rating and a GBX 1,000 ($13.15) target price for the company.

Jackpotjoy PLC (LON JPJ) opened at GBX 849.50 ($11.17) on Tuesday. Jackpotjoy PLC has a 52 week low of GBX 528.50 ($6.95) and a 52 week high of GBX 865 ($11.38).

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In other news, insider Colin Sturgeon purchased 5,000 shares of the company’s stock in a transaction that occurred on Monday, September 11th. The stock was purchased at an average cost of GBX 763 ($10.04) per share, for a total transaction of £38,150 ($50,177.56).

Jackpotjoy PLC Company Profile

Jackpotjoy plc is a United Kingdom-based holding company. The Company is an online bingo-led operator, which provides entertainment to a global consumer base through its subsidiaries. The Company’s segments include the Jackpotjoy segment, the Vera&John segment and the Mandalay segment. The Company’s Jackpotjoy and Mandalay segments focus on real money online bingo-led entertainment.

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