Playtech PLC’s (PTEC) Buy Rating Reiterated at Liberum Capital

Liberum Capital reissued their buy rating on shares of Playtech PLC (LON:PTEC) in a research report report published on Friday. They currently have a GBX 1,020 ($13.46) target price on the stock.

PTEC has been the subject of a number of other reports. Shore Capital reissued a buy rating on shares of Playtech PLC in a research note on Thursday, August 24th. Credit Suisse Group assumed coverage on shares of Playtech PLC in a research note on Monday, August 14th. They set an outperform rating and a GBX 1,200 ($15.84) target price for the company. Morgan Stanley boosted their target price on shares of Playtech PLC from GBX 1,350 ($17.81) to GBX 1,380 ($18.21) and gave the company an overweight rating in a research note on Monday, July 17th. Citigroup Inc. reissued a buy rating and set a GBX 1,250 ($16.50) target price (down from GBX 1,260 ($16.63)) on shares of Playtech PLC in a research note on Friday, August 25th. Finally, Canaccord Genuity reissued a buy rating and set a GBX 1,140 ($15.04) target price on shares of Playtech PLC in a research note on Thursday, August 3rd. Twelve research analysts have rated the stock with a buy rating, Playtech PLC currently has a consensus rating of Buy and a consensus price target of GBX 1,075.45 ($14.19).

Playtech PLC (LON:PTEC) opened at GBX 798 ($10.53) on Friday.

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The business also recently declared a dividend, which was paid on Tuesday, October 24th. Shareholders of record on Thursday, September 21st were given a dividend of €0.12 ($0.14) per share. The ex-dividend date was Thursday, September 21st. This represents a dividend yield of 1.12%.

About Playtech PLC

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.

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