Playtech Gets ‘Buy’ Rating From 12 Agencies

Written by :

Aaron Goldstein

Published on :

7 April, 2014

Online gambling software firm Playtech has received a “buy” rating from 12 different agencies that cover the stock.

Five equities research analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is GBX 816.10 ($13.53).

Analysts at Daniel Stewart & Co and Deutsche Bank were among those that issued the "Buy" recommendation.

Despite the good news surrounding Playtech, the company’s share price fell 0.50% in midday trading on Monday.

- Aaron Goldstein, Gambling911.com

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