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Deutsche Bank Sticks to Their Hold Rating for Playags Inc


Deutsche Bank (DE:DBKGn) analyst Carlo Santarelli maintained a Hold rating on Playags (NYSE:AGS) Inc on Friday, setting a price target of $5, which is approximately 29.53% above the present share price of $3.86.

Santarelli expects Playags Inc to post earnings per share (EPS) of $0.04 for the second quarter of 2020.

The current consensus among 5 TipRanks analysts is for a Moderate Buy rating of shares in Playags, with an average price target of $7.67.
The analysts price targets range from a high of $14 to a low of $4.

In its latest earnings report, released on 12/31/2019, the company reported a quarterly revenue of $77.79 million and a net profit of $7.87 million. The company's market cap is $128.32 million.

According to TipRanks.com, Deutsche Bank analyst Carlo Santarelli is a 4-star analyst with an average return of 1.7% and a 53.4% success rate.

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.