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Playtech PLC 61.6% Potential Upside Indicated by JP Morgan Cazenove

Playtech PLC using EPIC/TICKER code (LON:PTEC) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ this morning by analysts at JP Morgan Cazenove. Playtech PLC are listed in the Technology sector within UK Main Market. JP Morgan Cazenove have set their target price at 585 GBX on its stock. This indicates the analyst now believes there is a potential upside of 61.6% from the opening price of 362 GBX. Over the last 30 and 90 trading days the company share price has decreased 86.7 points and decreased 38 points respectively. The 1 year high for the share price is 534.8 GBX while the 52 week low is 352.9 GBX.

Playtech PLC has a 50 day moving average of 428.41 GBX and a 200 day moving average of 422.06. There are currently 308,981,243 shares in issue with the average daily volume traded being 963,741. Market capitalisation for LON:PTEC is £1,127,781,536 GBP.