Playtech PT Raised to $9.71 at Deutsche Bank (PTEC)
Analysts at Deutsche Bank increased their price target on shares of Playtech (LON: PTEC) from $8.21 (550 GBX) to $9.71 (650 GBX) in a research report issued to clients and investors on Monday. The firm currently has a “buy” rating on the stock.
A number of other analysts have also recently weighed in on PTEC. Analysts at Panmure Gordon reiterated a “buy” rating on shares of Playtech in a research note to investors on Friday, March 1st. They now have a $9.09 price target on the stock, down previously from $9.09. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of Playtech in a research note to investors on Friday, March 1st. They now have a $9.07 price target on the stock.
Playtech opened at 551.50 on Monday. Playtech has a 52-week low of GBX 322.25 and a 52-week high of GBX 581.00. The stock’s 50-day moving average is currently GBX 379.9. The company’s market cap is £1.595 billion.
Playtech Limited is an online gaming software supplier. The Company, along with its subsidiaries, develops unified software platforms for the online and land-based gambling industry, targeting online and land-based operators.
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