Playtech (PTEC)

Sector:

Tourism and Leisure Services

Index:

FTSE 250

485.50p
   
  • Change Today:
    -6.50p
  • 52 Week High: 632.50
  • 52 Week Low: 370.00
  • Currency: UK Pounds
  • Shares Issued: 309.29m
  • Volume: 209,666
  • Market Cap: £1,501.62m
  • RiskGrade: 146

Deutsche Bank nudges up target price on Playtech

By Iain Gilbert

Date: Monday 27 Mar 2023

LONDON (ShareCast) - (Sharecast News) - Analysts at Deutsche Bank bumped up their target price on gaming and sports betting software firm Playtech from 608.0p to 615.0p on Monday, citing the group's "resilient performance".
Deutsche Bank said Playtech had reported "strong" full-year results that were "modestly ahead" of consensus thanks to a year of "considerable achievement".

The German bank noted that group revenues and profits were "materially ahead of expectations" at the start of last year, despite downward pressure from rising regulatory costs and disruption from protracted bid discussions.

"Snai proved its franchise model for retail to be resilient, while Italian online delivered growth, despite the reopening of retail betting outlets for the full year 2022," said Deutsche. "Retail and B2B delivered double-digit growth."

DB also reiterated its 'buy' rating on the stock.





Reporting by Iain Gilbert at Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Playtech Market Data

Currency UK Pounds
Share Price 485.50p
Change Today -6.50p
% Change -1.32 %
52 Week High 632.50
52 Week Low 370.00
Volume 209,666
Shares Issued 309.29m
Market Cap £1,501.62m
RiskGrade 146

Playtech Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
94.05% above the market average94.05% above the market average94.05% above the market average94.05% above the market average94.05% above the market average
84.31% above the sector average84.31% above the sector average84.31% above the sector average84.31% above the sector average84.31% above the sector average
Price Trend
8.98% below the market average8.98% below the market average8.98% below the market average8.98% below the market average8.98% below the market average
12.73% below the sector average12.73% below the sector average12.73% below the sector average12.73% below the sector average12.73% below the sector average
Income
60.15% below the market average60.15% below the market average60.15% below the market average60.15% below the market average60.15% below the market average
50% below the sector average50% below the sector average50% below the sector average50% below the sector average50% below the sector average
Growth
40.29% above the market average40.29% above the market average40.29% above the market average40.29% above the market average40.29% above the market average
50.94% below the sector average50.94% below the sector average50.94% below the sector average50.94% below the sector average50.94% below the sector average

What The Brokers Say

Strong Buy 5
Buy 1
Neutral 1
Sell 0
Strong Sell 0
Total 7
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Playtech Dividends

  Latest Previous
  Final Interim
Ex-Div n/a 19-Sep-19
Paid n/a 22-Oct-19
Amount 0.000¢ 6.10¢

Trades for 17-May-2024

Time Volume / Share Price
16:35 121,288 @ 485.50p
16:35 220 @ 485.50p
16:35 379 @ 485.50p
16:35 1,570 @ 485.50p
16:35 711 @ 485.50p

Playtech Key Personnel

CEO Mor Weizer
CFO Chris McGinnis

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