Playtech PLC 29% Potential Upside Indicated by Morgan Stanley

Broker Ratings
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Playtech PLC using EPIC/TICKER code (LON:PTEC) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘EQUAL WEIGHT’ this morning by analysts at Morgan Stanley. Playtech PLC are listed in the Technology sector within UK Main Market. Morgan Stanley have set their target price at 550 GBX on its stock. This indicates the analyst now believes there is a potential upside of 29.0% from today’s opening price of 426.5 GBX. Over the last 30 and 90 trading days the company share price has increased 23.7 points and decreased 7.6 points respectively. The 1 year high stock price is 510.9 GBX while the year low stock price is currently 352.9 GBX.

Playtech PLC has a 50 day moving average of 420.93 GBX and the 200 Day Moving Average price is recorded at 418.67. There are currently 306,757,243 shares in issue with the average daily volume traded being 1,303,213. Market capitalisation for LON:PTEC is £1,315,068,338 GBP.

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