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Berenberg disclosed Playtech Ltd (LON:PTEC), maintaining its target price at 1,250.00GBX today

Yesterday Playtech Ltd (LON:PTEC) traded 0.34% higher at 889.25GBX. The company’s 50-day moving average is 832.64GBX and its 200-day moving average is 875.25GBX. The last closing price is up 2.27% from the 200-day moving average, compared to the S&P 500 which has increased 0.06% over the same time. 1,953,001 shares of PTEC traded hands, down from an average trading volume of 2,047,120

Playtech Ltd (LON:PTEC) had its target price hold steady to 1,250.00GBX by Berenberg in a report released 02/09/2017. The new target price indicates a possible upside of 0.41% based on the company's last closing price.

Previously on 2/7/2017, Liberum Capital reported on Playtech Ltd (LON:PTEC) held steady the target price at 1,020.00GBX. At the time, this indicated a possible upside of 0.16%.

See Chart Below

Playtech Ltd (LON:PTEC)

Playtech Ltd has a 52 week low of 708.00GBX and a 52 week high of 954.50GBX with a P/E ratio of 27.80 The company’s market cap is currently 0 GBX.

A total of 8 equity analysts have released a research note on PTEC. Four equity analysts rating the company a strong buy, three equity analysts rating the company a buy, one equity analyst rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of 12.91GBX.

More About Playtech Ltd (LON:PTEC)

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. Its segments include Gaming and Financial. Its Gaming segment includes Casino, Services, Sport, Bingo, Poker and Land-based. The Financial segment includes contracts for difference (CFD). Its business gambling software offering includes casino, live casino, bingo, poker and sports betting. The Company supplies software and services through online, retail and mobile operators, land-based casino groups and government sponsored entities. Its product suite enables players to access online, broadcast, mobile and server-based gaming terminals through a single account. Its subsidiaries include Playtech Software Limited, OU Playtech (Estonia) and Techplay Marketing Limited.

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