Deutsche Bank Keeps a Hold Rating on Playags (AGS)
Deutsche Bank analyst Carlo Santarelli maintained a Hold rating on Playags (AGS) today and set a price target of $6.00. The company’s shares closed last Friday at $3.42.
According to TipRanks.com, Santarelli is a 5-star analyst with an average return of 7.6% and a 60.0% success rate. Santarelli covers the Services sector, focusing on stocks such as International Game Technology, Hilton Worldwide Holdings, and Marriott International.
The word on The Street in general, suggests a Hold analyst consensus rating for Playags with a $6.00 average price target.
See today’s analyst top recommended stocks >>
Based on Playags’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $16.79 million and GAAP net loss of $42.64 million. In comparison, last year the company earned revenue of $74.51 million and had a GAAP net loss of $7.56 million.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.