Jackpotjoy PLC (JPJ) Receives GBX 953.57 Consensus Price Target from Analysts

Jackpotjoy PLC (LON:JPJ) has earned an average recommendation of “Buy” from the seven brokerages that are presently covering the company, MarketBeat.com reports. Seven equities research analysts have rated the stock with a buy recommendation. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is GBX 953.57 ($13.39).

JPJ has been the subject of a number of research analyst reports. Investec initiated coverage on Jackpotjoy in a research note on Monday, November 13th. They set a “buy” rating and a GBX 1,000 ($14.04) price target for the company. Canaccord Genuity raised their price objective on Jackpotjoy from GBX 955 ($13.41) to GBX 1,105 ($15.52) and gave the stock a “buy” rating in a report on Monday, November 27th. Berenberg Bank restated a “buy” rating and set a GBX 1,000 ($14.04) price objective on shares of Jackpotjoy in a report on Tuesday, November 14th. initiated coverage on Jackpotjoy in a report on Monday, November 13th. They set a “buy” rating and a GBX 1,000 ($14.04) price objective on the stock. Finally, initiated coverage on Jackpotjoy in a report on Monday, November 13th. They set a “buy” rating and a GBX 1,000 ($14.04) price objective on the stock.

Shares of Jackpotjoy (LON:JPJ) traded up GBX 2 ($0.03) during mid-day trading on Monday, hitting GBX 812 ($11.40). The company had a trading volume of 118,518 shares, compared to its average volume of 139,232. Jackpotjoy has a 52-week low of GBX 528.50 ($7.42) and a 52-week high of GBX 885 ($12.43). The company has a market cap of $601.41 and a price-to-earnings ratio of -1,476.36.

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About Jackpotjoy

Jackpotjoy plc is a United Kingdom-based holding company. The Company is an online bingo-led operator, which provides entertainment to a global consumer base through its subsidiaries. The Company’s segments include the Jackpotjoy segment, the Vera&John segment and the Mandalay segment. The Company’s Jackpotjoy and Mandalay segments focus on real money online bingo-led entertainment.

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