Jackpotjoy PLC (JPJ) Earns Buy Rating from Analysts at Investec

Investec initiated coverage on shares of Jackpotjoy PLC (LON:JPJ) in a report issued on Monday. The brokerage issued a buy rating and a GBX 1,000 ($13.15) price target on the stock.

Separately, Berenberg Bank reissued a buy rating and set a GBX 1,000 ($13.15) target price on shares of Jackpotjoy PLC in a research report on Tuesday, September 12th. Seven equities 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 930.71 ($12.24).

Jackpotjoy PLC (LON JPJ) opened at GBX 837 ($11.01) on Monday. Jackpotjoy PLC has a 12-month low of GBX 528.50 ($6.95) and a 12-month high of GBX 865.75 ($11.39).

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In related news, insider Colin Sturgeon bought 5,000 shares of the stock in a transaction that occurred on Monday, September 11th. The stock was bought at an average cost of GBX 763 ($10.04) per share, for a total transaction of £38,150 ($50,177.56).

About Jackpotjoy PLC

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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