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An announcement from Playtech ( (GB:PTEC) ) is now available.
Playtech PLC has announced a change in its registered office address from St George’s Court to Sovereign House in Douglas, Isle of Man, effective from October 1, 2025. The company’s head office remains in London. This change is a procedural update and does not impact its operations or market positioning.
The most recent analyst rating on (GB:PTEC) stock is a Hold with a £389.00 price target. To see the full list of analyst forecasts on Playtech stock, see the GB:PTEC Stock Forecast page.
Spark’s Take on GB:PTEC Stock
According to Spark, TipRanks’ AI Analyst, GB:PTEC is a Neutral.
Playtech’s overall score is driven by its strong financial performance and reasonable valuation. However, bearish technical indicators and revenue challenges weigh on the score. The company’s strategic focus on high-growth markets and positive EBITDA guidance provide a cautiously optimistic outlook.
To see Spark’s full report on GB:PTEC stock, click here.
More about Playtech
Playtech, founded in 1999 and listed on the London Stock Exchange, is a leading technology company in the gambling industry. It provides business intelligence-driven gambling software, services, content, and platform technology across popular product verticals such as casino, live casino, sports betting, bingo, and poker. Playtech is known for its omni-channel gambling technology through its integrated platform, Playtech ONE, and partners with leading brands in regulated markets to deliver its technology on a B2B basis.
Average Trading Volume: 747,784
Technical Sentiment Signal: Buy
Current Market Cap: £1.1B
See more insights into PTEC stock on TipRanks’ Stock Analysis page.