Playtech (LON:PTEC) had its price target reduced by Credit Suisse Group from GBX 980 ($13.54) to GBX 930 ($12.85) in a research report sent to investors on Tuesday. They currently have an outperform rating on the stock.

A number of other equities analysts have also weighed in on the stock. Liberum Capital reissued a buy rating and issued a GBX 1,020 ($14.09) price objective on shares of Playtech in a research report on Friday, November 3rd. Morgan Stanley reissued an overweight rating and issued a GBX 1,050 ($14.51) price objective on shares of Playtech in a research report on Monday, January 8th. Berenberg Bank lowered shares of Playtech to a hold rating and cut their price objective for the company from GBX 1,000 ($13.82) to GBX 950 ($13.13) in a research report on Thursday, January 11th. Canaccord Genuity cut their price objective on shares of Playtech from GBX 1,140 ($15.75) to GBX 1,090 ($15.06) and set a buy rating for the company in a research report on Thursday, November 2nd. Finally, Barclays started coverage on shares of Playtech in a research report on Wednesday, February 7th. They issued an equal weight rating and a GBX 806 ($11.14) price objective for the company. Two investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. The stock currently has a consensus rating of Buy and a consensus target price of GBX 1,000.46 ($13.82).

Playtech (LON:PTEC) opened at GBX 787.40 ($10.88) on Tuesday. The firm has a market cap of $2,490.00 and a P/E ratio of 1,193.03. Playtech has a 52-week low of GBX 670 ($9.26) and a 52-week high of GBX 1,020 ($14.09).

The business also recently announced a dividend, which will be paid on Friday, June 1st. Investors of record on Thursday, May 3rd will be issued a €0.24 ($0.30) dividend. This represents a yield of 2.69%. This is an increase from Playtech’s previous dividend of $0.12. The ex-dividend date of this dividend is Thursday, May 3rd.

COPYRIGHT VIOLATION NOTICE: This piece of content was first published by Watch List News and is the property of of Watch List News. If you are viewing this piece of content on another domain, it was copied illegally and reposted in violation of US & international copyright & trademark laws. The legal version of this piece of content can be viewed at

Playtech Company Profile

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.

Analyst Recommendations for Playtech (LON:PTEC)

Receive News & Ratings for Playtech Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Playtech and related companies with's FREE daily email newsletter.