Playtech’s (PTEC) “Hold” Rating Reiterated at Jefferies Financial Group

Playtech (LON:PTEC)‘s stock had its “hold” rating reiterated by equities research analysts at Jefferies Financial Group in a report released on Wednesday, Digital Look reports. They currently have a GBX 405 price target on the stock. Jefferies Financial Group‘s target price would suggest a potential upside of 12.81% from the company’s previous close.

Playtech Stock Down 1.6%

PTEC stock opened at GBX 359 on Wednesday. The stock has a market capitalization of £997.47 million, a P/E ratio of 39.89, a P/E/G ratio of 1.28 and a beta of 0.66. The firm has a 50-day simple moving average of GBX 381.68 and a 200-day simple moving average of GBX 361.59. The company has a quick ratio of 1.09, a current ratio of 1.50 and a debt-to-equity ratio of 23.48. Playtech has a 52 week low of GBX 225.50 and a 52 week high of GBX 456.

About Playtech

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.