Jackpotjoy PLC (JPJ) Earns Buy Rating from Analysts at Investec

Investec initiated coverage on shares of Jackpotjoy PLC (LON:JPJ) in a research report released on Monday morning. The firm issued a buy rating and a GBX 1,000 ($13.15) target price on the stock.

Separately, Berenberg Bank restated a buy rating and issued a GBX 1,000 ($13.15) price objective on shares of Jackpotjoy PLC in a report on Monday, October 16th. Seven investment analysts have rated the stock with a buy rating, The stock currently has an average rating of Buy and an average target price of GBX 930.71 ($12.24).

Jackpotjoy PLC (LON JPJ) opened at GBX 845 ($11.11) on Monday. Jackpotjoy PLC has a fifty-two week low of GBX 528.50 ($6.95) and a fifty-two week high of GBX 865 ($11.38).

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In related news, insider Colin Sturgeon acquired 5,000 shares of Jackpotjoy PLC stock in a transaction that occurred on Monday, September 11th. The shares were purchased at an average cost of GBX 763 ($10.04) per share, for a total transaction of £38,150 ($50,177.56).

Jackpotjoy PLC Company Profile

Jackpotjoy plc is a United Kingdom-based holding company. The Company is an online bingo-led operator, which provides entertainment to a global consumer base through its subsidiaries. The Company’s segments include the Jackpotjoy segment, the Vera&John segment and the Mandalay segment. The Company’s Jackpotjoy and Mandalay segments focus on real money online bingo-led entertainment.

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