Playtech Gets ‘Buy’ Rating From 12 Agencies

Submitted by Aaron Goldstein on

Written by :

Aaron Goldstein

Published on :

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

From the MidEast Times:

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

Related Content

Florida AG Sues Chumba Casino, LuckyLand, Global Poker, Stake Sweepstakes Casinos

Florida AG Sues Chumba Casino, LuckyLand, Global Poker, Stake Sweepstakes Casinos

Florida Attorney General James Uthmeier has filed two lawsuits Wednesday against companies behind major online sweepstakes casinos, including Chumba Casino parent company VGW, which also operates the hugely popular LuckyLand and Global Poker sites.
BetAmapola Dispute Resolved: Player Paid in Full

BetAmapola Dispute Resolved: Player Paid in Full

Gambling911.com is happy to report that a long standing payout issue involving BetAmapola has now been resolved.
More Sweepstakes Casino Closures in August: LuckyStake and The Money Factory Shut Down

More Sweepstakes Casino Closures in August: LuckyStake and The Money Factory Shut Down

LuckyStake shut its sweepstakes casino down Aug. 14 with redemptions due by Aug. 20. The Money Factory did so two weeks prior.
Bally's Halts Chicago Casino Construction as Company Reports  $792 million in Revenue....$4.5 billion in DEBT?

Bally's Halts Chicago Casino Construction as Company Reports $792 million in Revenue....$4.5 billion in DEBT?

The company reported roughly $265.9 million in negative operating cash flow during the first six months of the year.