Jackpotjoy PLC (LON:JPJ) shares hit a new 52-week high on Monday . The stock traded as high as GBX 885 ($12.00) and last traded at GBX 872 ($11.83), with a volume of 437550 shares trading hands. The stock had previously closed at GBX 872 ($11.83).

Several brokerages recently weighed in on JPJ. Canaccord Genuity boosted their target price on shares of Jackpotjoy from GBX 955 ($12.95) to GBX 1,105 ($14.99) and gave the company a “buy” rating in a research note on Monday, November 27th. Investec initiated coverage on shares of Jackpotjoy in a research note on Monday, November 13th. They set a “buy” rating and a GBX 1,000 ($13.56) price objective for the company. Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,000 ($13.56) price objective on shares of Jackpotjoy in a research note on Tuesday, November 14th. reaffirmed a “buy” rating and set a GBX 1,000 ($13.56) price objective on shares of Jackpotjoy in a research note on Tuesday, November 14th. Finally, initiated coverage on shares of Jackpotjoy in a research note on Monday, November 13th. They set a “buy” rating and a GBX 1,000 ($13.56) price objective for the company. Seven investment analysts have rated the stock with a buy rating, The stock currently has an average rating of “Buy” and an average target price of GBX 953.57 ($12.93).

The firm has a market capitalization of $633.15 and a P/E ratio of -1,538.18.

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Jackpotjoy 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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