Playtech PLC (LON:PTEC)‘s stock had its “buy” rating restated by equities research analysts at Canaccord Genuity in a report released on Wednesday. They presently have a GBX 1,140 ($14.72) price objective on the stock. Canaccord Genuity’s target price indicates a potential upside of 16.74% from the stock’s current price.

A number of other equities research analysts have also recently issued reports on PTEC. Investec lowered their target price on shares of Playtech PLC from GBX 1,140 ($14.72) to GBX 1,120 ($14.46) and set a “buy” rating on the stock in a report on Tuesday, January 17th. Liberum Capital reissued a “buy” rating and set a GBX 1,020 ($13.17) target price on shares of Playtech PLC in a report on Thursday, January 19th. Shore Capital reissued a “buy” rating on shares of Playtech PLC in a report on Tuesday, February 7th. Berenberg Bank reissued a “buy” rating and set a GBX 1,250 ($16.14) target price on shares of Playtech PLC in a report on Thursday, February 9th. Finally, Numis Securities Ltd reissued a “buy” rating and set a GBX 1,100 ($14.20) target price on shares of Playtech PLC in a report on Thursday, February 23rd. Ten research analysts have rated the stock with a buy rating, Playtech PLC currently has an average rating of “Buy” and a consensus price target of GBX 1,125 ($14.52).

Analyst Recommendations for Playtech PLC (LON:PTEC)

Shares of Playtech PLC (LON:PTEC) opened at 994.50 on Wednesday. Playtech PLC has a 12 month low of GBX 745.00 and a 12 month high of GBX 997.00. The company’s 50-day moving average price is GBX 944.96 and its 200-day moving average price is GBX 884.37. The firm’s market cap is GBX 3.13 billion.

The company also recently declared a dividend, which will be paid on Friday, June 2nd. Stockholders of record on Thursday, May 4th will be issued a €0.22 ($0.24) dividend. The ex-dividend date is Thursday, May 4th. This represents a dividend yield of 2%.

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In other news, insider Andrew Smith purchased 2,500 shares of the firm’s stock in a transaction dated Wednesday, March 1st. The shares were purchased at an average price of GBX 892 ($11.51) per share, with a total value of £22,300 ($28,785.34).

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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