Playtech PLC’s (PTEC) Buy Rating Reaffirmed at Liberum Capital
Other research analysts have also recently issued research reports about the stock. Deutsche Bank AG dropped their price objective on shares of Playtech PLC from GBX 1,175 ($15.51) to GBX 1,060 ($13.99) and set a buy rating for the company in a research report on Friday. Canaccord Genuity dropped their price objective on shares of Playtech PLC from GBX 1,140 ($15.04) to GBX 1,090 ($14.38) and set a buy rating for the company in a research report on Thursday. Credit Suisse Group assumed coverage on shares of Playtech PLC in a research report on Monday, August 14th. They issued an outperform rating and a GBX 1,200 ($15.84) price objective for the company. Shore Capital restated a buy rating on shares of Playtech PLC in a research report on Thursday, August 24th. Finally, Citigroup Inc. restated a buy rating and issued a GBX 1,250 ($16.50) price objective (down previously from GBX 1,260 ($16.63)) on shares of Playtech PLC in a research report on Friday, August 25th. Twelve research analysts have rated the stock with a buy rating, The company currently has a consensus rating of Buy and a consensus target price of GBX 1,075.45 ($14.19).
Playtech PLC (PTEC) traded down GBX 216.50 ($2.86) during mid-day trading on Friday, reaching GBX 770 ($10.16). 6,523,658 shares of the company traded hands.
The firm also recently announced a dividend, which was paid on Tuesday, October 24th. Shareholders of record on Thursday, September 21st were given a dividend of €0.12 ($0.14) per share. This represents a dividend yield of 1.12%. The ex-dividend date was Thursday, September 21st.
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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