Stifel Nicolaus downgraded shares of PlayAGS (NYSE:AGS – Free Report) from a buy rating to a hold rating in a report published on Thursday morning, MarketBeat.com reports. Stifel Nicolaus currently has $12.50 price objective on the stock, up from their previous price objective of $12.00.
A number of other analysts also recently issued reports on AGS. B. Riley initiated coverage on shares of PlayAGS in a report on Friday, April 5th. They set a buy rating and a $16.00 price target for the company. JMP Securities reiterated a market outperform rating and issued a $13.00 target price on shares of PlayAGS in a report on Monday, April 1st. Finally, Truist Financial reiterated a hold rating and issued a $12.50 target price (down previously from $13.00) on shares of PlayAGS in a report on Monday, May 13th. Two investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of Moderate Buy and an average price target of $13.50.
Read Our Latest Stock Report on PlayAGS
PlayAGS Stock Down 0.4 %
Institutional Trading of PlayAGS
Institutional investors have recently added to or reduced their stakes in the stock. Panagora Asset Management Inc. acquired a new stake in PlayAGS in the 3rd quarter valued at approximately $76,000. Jump Financial LLC acquired a new position in shares of PlayAGS in the third quarter worth $86,000. Quantbot Technologies LP grew its stake in shares of PlayAGS by 254.0% in the third quarter. Quantbot Technologies LP now owns 13,269 shares of the company’s stock worth $87,000 after acquiring an additional 9,521 shares in the last quarter. Price T Rowe Associates Inc. MD acquired a new position in shares of PlayAGS in the first quarter worth $96,000. Finally, Mackenzie Financial Corp grew its stake in shares of PlayAGS by 19.1% in the fourth quarter. Mackenzie Financial Corp now owns 12,593 shares of the company’s stock worth $106,000 after acquiring an additional 2,023 shares in the last quarter. Institutional investors and hedge funds own 77.44% of the company’s stock.
PlayAGS Company Profile
AGS is a global company focused on creating a diverse mix of entertaining gaming experiences for every kind of player. Their roots are firmly planted in the Class II Native American gaming market, but their customer-centric culture and growth have helped them branch out to become a leading all-inclusive commercial gaming supplier.
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