Shares of Playtech plc (LON:PTEC - Get Free Report) reached a new 52-week high during mid-day trading on Thursday after Deutsche Bank Aktiengesellschaft raised their price target on the stock from GBX 417 to GBX 433. Deutsche Bank Aktiengesellschaft currently has a buy rating on the stock. Playtech traded as high as GBX 447 ($6.08) and last traded at GBX 431 ($5.86), with a volume of 3337053 shares. The stock had previously closed at GBX 396.50 ($5.39).
Separately, Peel Hunt reissued a "buy" rating and issued a GBX 510 target price on shares of Playtech in a research report on Friday, August 1st.
View Our Latest Report on Playtech
Playtech Stock Down 0.9%
The business's fifty day moving average price is GBX 403.57 and its 200 day moving average price is GBX 498.63. The company has a quick ratio of 1.09, a current ratio of 1.55 and a debt-to-equity ratio of 40.06. The firm has a market capitalization of £1.13 billion, a PE ratio of 512.12, a PEG ratio of 1.28 and a beta of 1.26.
About Playtech
(
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Playtech plc, a technology company, provides gambling software, services, content, and platform technologies worldwide. The company offers technologies across various product verticals, including live casino, sports, bingo, virtual sports, and poker. It also owns the intellectual property rights and licenses the software; provides digital marketing and advertising, consulting and online technical support, data mining processing, turnkey, live game, and video stream services; and operates betting shops.
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