Playtech (LON:PTEC) Given “Buy” Rating at Citigroup

Citigroup reiterated their buy rating on shares of Playtech (LON:PTEC) in a report issued on Tuesday morning, Marketbeat Ratings reports. The brokerage currently has a GBX 720 ($8.89) target price on the stock.

Playtech Stock Up 0.8 %

Shares of LON PTEC opened at GBX 460.50 ($5.69) on Tuesday. Playtech has a one year low of GBX 365.40 ($4.51) and a one year high of GBX 640 ($7.91). The company has a debt-to-equity ratio of 40.58, a current ratio of 1.42 and a quick ratio of 1.09. The business’s fifty day moving average price is GBX 457.21 and its 200-day moving average price is GBX 436.63. The stock has a market capitalization of £460,500.00, a PE ratio of 1,575.86, a P/E/G ratio of 1.28 and a beta of 1.42.

Playtech Company Profile

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 marketing and advertising, consulting and online technical support, data mining processing, turnkey, operational and hosting, live game, and video stream services; and operates betting shops.