Stride Gaming PLC (STR) PT Raised to GBX 344
Stride Gaming PLC (LON:STR) had its price objective upped by analysts at Canaccord Genuity from GBX 305 ($3.98) to GBX 344 ($4.49) in a research report issued on Monday. The brokerage currently has a “buy” rating on the stock. Canaccord Genuity’s price target would indicate a potential upside of 22.20% from the company’s previous close.
Separately, Shore Capital reiterated a “house stock” rating on shares of Stride Gaming PLC in a report on Monday, May 23rd.
Stride Gaming PLC (LON:STR) opened at 281.50 on Monday. Stride Gaming PLC has a 52-week low of GBX 215.00 and a 52-week high of GBX 304.90. The stock’s market cap is GBX 143.80 million. The firm has a 50-day moving average price of GBX 253.04 and a 200 day moving average price of GBX 250.86.
In other news, insider Poidevin,John Le purchased 6,667 shares of the stock in a transaction dated Friday, July 29th. The stock was acquired at an average cost of GBX 225 ($2.94) per share, for a total transaction of £15,000.75 ($19,580.67).
Stride Gaming PLC Company Profile
Stride Gaming plc (Stride Gaming) is Great Britain-based online bingo-led operator. The Company uses its software platform to provide online bingo and related gaming activities to users. The Company operates online bingo brands, including Kitty Bingo, Lucky Pants Bingo, Bingo Extra, Jackpot Cafe, Jackpot Liner and King Jackpot, as well as online casino brands Spin and Win and Magical Vegas.
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