Deutsche Bank Remains a Hold on Playags (AGS)

In a report released today, Carlo Santarelli from Deutsche Bank maintained a Hold rating on Playags (AGSResearch Report), with a price target of $11.00. The company’s shares closed yesterday at $5.22.

Santarelli covers the Services sector, focusing on stocks such as MGM Resorts, Boyd Gaming, and Choice Hotels. According to TipRanks, Santarelli has an average return of 18.2% and a 55.82% success rate on recommended stocks.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Playags with a $12.00 average price target.

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AGS market cap is currently $187M and has a P/E ratio of (6.79).

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PlayAGS, Inc. designs and supplies gaming products. The company operates through three segments: Electronic Gaming Machines, Table Products, and Interactive Social Casino Games. The Electronic Gaming Machines segment includes server-based and back office systems. The Table Products includes live felt table games, side bets and card shuffler. The Interactive Social Casino Games segment provides casino games on desktop and mobile devices. Its products include slots, cabinets, interactive and table games. PlayAGS was founded in August 2013 and is headquartered in Las Vegas, NV.

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