Deutsche Bank Reaffirms Buy Rating for Gamesys Group (LON:GYS)

Deutsche Bank reaffirmed their buy rating on shares of Gamesys Group (LON:GYS) in a research note issued to investors on Tuesday, ThisIsMoney.Co.Uk reports.

Other research analysts have also recently issued research reports about the stock. Peel Hunt restated a buy rating on shares of Gamesys Group in a research report on Thursday, May 7th. Berenberg Bank restated a buy rating on shares of Gamesys Group in a research report on Friday, April 3rd. Finally, Canaccord Genuity reiterated a buy rating and issued a GBX 1,000 ($12.31) price objective on shares of Gamesys Group in a report on Thursday, April 23rd.

LON GYS opened at GBX 859 ($10.57) on Tuesday. Gamesys Group has a 52 week low of GBX 482.50 ($5.94) and a 52 week high of GBX 931 ($11.46). The company has a current ratio of 1.35, a quick ratio of 1.12 and a debt-to-equity ratio of 119.24. The stock has a market cap of $951.43 million and a price-to-earnings ratio of 85.78. The company has a 50-day moving average price of GBX 855.04 and a two-hundred day moving average price of GBX 763.39.

Gamesys Group Company Profile

Gamesys Group plc, through its subsidiaries, operates online casino and bingo-led brands in the United Kingdom, Asia, Europe, and internationally. It offers bingo, casino, and other games under the Jackpotjoy, Starspins, Virgin Games, Heart Bingo, Botemania, Rainbow Riches, Virgin Casino, Monopoly Casino, Vera&John, InterCasino, and Solid Gaming brands to its players.

Further Reading: Market Timing

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