Playtech plc (PTEC) Given Buy Rating at Deutsche Bank AG

Deutsche Bank AG reiterated their buy rating on shares of Playtech plc (LON:PTEC) in a research note issued to investors on Monday morning. The brokerage currently has a GBX 1,060 ($13.94) price objective on the stock.

Other research analysts have also issued reports about the stock. Morgan Stanley boosted their price target on shares of Playtech plc from GBX 1,350 ($17.76) to GBX 1,380 ($18.15) and gave the stock an overweight rating in a research note on Monday, July 17th. Investec reiterated a buy rating and set a GBX 1,120 ($14.73) price target on shares of Playtech plc in a research note on Wednesday, August 2nd. Canaccord Genuity restated a buy rating and set a GBX 1,140 ($14.99) target price on shares of Playtech plc in a research report on Thursday, August 3rd. Credit Suisse Group AG started coverage on shares of Playtech plc in a research report on Monday, August 14th. They set an outperform rating and a GBX 1,200 ($15.78) target price on the stock. Finally, Liberum Capital restated a buy rating and set a GBX 1,020 ($13.42) target price on shares of Playtech plc in a research report on Wednesday, August 23rd. Twelve research analysts have rated the stock with a buy rating, The company currently has an average rating of Buy and a consensus price target of GBX 1,059.09 ($13.93).

Shares of Playtech plc (LON:PTEC) traded down GBX 6.50 ($0.09) during trading hours on Monday, hitting GBX 812 ($10.68). 2,208,637 shares of the stock were exchanged, compared to its average volume of 2,230,000. Playtech plc has a 1-year low of GBX 712.08 ($9.37) and a 1-year high of GBX 1,020 ($13.42).

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The firm also recently declared a dividend, which was paid on Tuesday, October 24th. Shareholders of record on Thursday, September 21st were issued a €0.12 ($0.14) dividend. This represents a dividend yield of 1.12%. The ex-dividend date of this dividend was Thursday, September 21st.

Playtech plc 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 plc (LON:PTEC)

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