BTIG Sticks to Its Hold Rating for Playtika Holding (PLTK)

In a report released on November 8, Clark Lampen from BTIG maintained a Hold rating on Playtika Holding (PLTKResearch Report). The company’s shares closed yesterday at $8.54.

According to TipRanks, Lampen is an analyst with an average return of -30.8% and a 21.82% success rate. Lampen covers the Technology sector, focusing on stocks such as fuboTV, Playtika Holding, and Roblox.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Playtika Holding with a $14.50 average price target, a 69.79% upside from current levels. In a report released on November 1, MKM Partners also maintained a Hold rating on the stock with a $11.00 price target.

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The company has a one-year high of $23.23 and a one-year low of $8.39. Currently, Playtika Holding has an average volume of 2.47M.

Based on the recent corporate insider activity of 17 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PLTK in relation to earlier this year.

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Playtika Holding Corp is engaged in the gaming business. Some of its games include Board Kings, House of Fun, Poker Heat, Slotomania, and Bingo Blitz.

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