Playtech PLC last = 2.6 GBP 1w: -0.8 (-24%)
% vs. spot / Price1M6M12MLT(2Y)LT(3Y)
Target Price (consensus)6.7%20%---
Upside (Bull Case)6.7%20%---
Downside (Bear Case)-----
Buy/Sell Recommendations
Strong Buy       
Strong Sell       
Data Analysis (Mid - Long term)
Company plot

I believe that Playtech is heavily undervalued. One of the key reason for discounts is investor's concerns as Playtech operates in unregulated ('grey') markets, particular in Asia. However, firstly, situation in Asia (China, Malaysia) is returning to normal, secondly, there are a number of other markets in Europe and LatAm, where regulation is on the horizon.


I am bullish on Playtech. It is a market leader with a strong organic growth perspectives in gambling software and sport betting software. As well as company has net cash position that gives a great opportunity for growth: strong M&A pipeline, new products development, etc.