Amaya’s (AYA) “Buy” Rating Reaffirmed at Canaccord Genuity

Canaccord Genuity reissued their buy rating on shares of Amaya Inc (TSE:AYA) (NYSE:AYA) in a research report report published on Sunday, May 14th. They currently have a C$31.00 price target on the stock, up from their previous price target of C$29.00.

Separately, Desjardins boosted their target price on Amaya to C$24.50 and gave the company a hold rating in a research report on Thursday, March 23rd.

Amaya (TSE AYA) traded down 0.51% during trading on Friday, reaching $23.58. The company’s stock had a trading volume of 1,645,377 shares. The firm has a market cap of $3.45 billion and a P/E ratio of 31.31. Amaya has a 52 week low of $17.07 and a 52 week high of $27.91. The stock’s 50 day moving average is $24.49 and its 200-day moving average is $21.12.

TRADEMARK VIOLATION NOTICE: This piece was first posted by Community Financial News and is owned by of Community Financial News. If you are reading this piece on another publication, it was illegally copied and reposted in violation of U.S. & international trademark & copyright law. The legal version of this piece can be viewed at https://www.com-unik.info/2017/06/17/amayas-aya-buy-rating-reaffirmed-at-canaccord-genuity-updated-updated-updated.html.

In related news, Director Daniel Yaacov Sebag sold 110,200 shares of the stock in a transaction on Monday, March 27th. The stock was sold at an average price of C$22.75, for a total value of C$2,507,050.00. Also, insider Hao Tang acquired 400,000 shares of the stock in a transaction that occurred on Friday, June 9th. The stock was acquired at an average price of C$23.89 per share, for a total transaction of C$9,556,000.00. Over the last ninety days, insiders bought 2,647,100 shares of company stock valued at $62,746,864 and sold 12,364,154 shares valued at $275,908,981.

About Amaya

Amaya Inc is a Canada-based provider of technology-based products and services in the global gaming and interactive entertainment industries. The Company’s business-to-consumer (B2C) business consists of the operations of Amaya Group Holding (IOM) Limited and its subsidiaries (collectively Rational Group).

What are top analysts saying about Amaya Inc? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Amaya Inc and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit