Playtech plc (LON:PTEC)‘s stock had its “buy” rating reiterated by investment analysts at Deutsche Bank AG in a note issued to investors on Monday. They presently have a GBX 1,060 ($13.94) price objective on the stock. Deutsche Bank AG’s target price suggests a potential upside of 32.09% from the stock’s current price.
PTEC has been the topic of several other reports. Credit Suisse Group assumed coverage on Playtech plc in a report on Monday, August 14th. They set an “outperform” rating and a GBX 1,200 ($15.78) price target on the stock. Shore Capital reissued a “buy” rating on shares of Playtech plc in a report on Thursday, August 24th. Citigroup Inc. reissued a “buy” rating and set a GBX 1,250 ($16.44) price target (down from GBX 1,260 ($16.57)) on shares of Playtech plc in a report on Friday, August 25th. Berenberg Bank lowered their price target on Playtech plc from GBX 1,250 ($16.44) to GBX 1,180 ($15.52) and set a “buy” rating on the stock in a report on Wednesday, August 30th. Finally, Numis Securities Ltd reissued a “buy” rating and set a GBX 1,275 ($16.77) price target (up from GBX 1,100 ($14.47)) on shares of Playtech plc in a report on Thursday, August 24th. Twelve analysts have rated the stock with a buy rating, The company presently has an average rating of “Buy” and an average price target of GBX 1,059.09 ($13.93).
Playtech plc (LON PTEC) opened at GBX 802.50 ($10.56) on Monday. Playtech plc has a 12-month low of GBX 712.08 ($9.37) and a 12-month high of GBX 1,020 ($13.42).
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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.
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