Jefferies Issues an Upgrade on PlayAGS (AGS) Shares. What’s Next?

August 10, 2018 - By Jeanette Kaplan

PlayAGS (AGS) Stock Upgrade

EU-listed PlayAGS (AGS), was upped by equity research analysts at Jefferies. The firm upped its rating on the $1.06B market capitalized company to a respectable Buy from their past rating of Hold.

PlayAGS, Inc. (NYSE:AGS) Ratings Coverage

Among 4 analysts covering PlayAGS (AGS), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. PlayAGS has $25.0 highest and $21.0 lowest target. $24’s average target is -20.35% below currents $30.13 stock price. PlayAGS had 9 analyst reports since February 20, 2018 according to SRatingsIntel. Stifel Nicolaus initiated PlayAGS, Inc. (NYSE:AGS) rating on Tuesday, February 20. Stifel Nicolaus has “Buy” rating and $24.0 target. The stock of PlayAGS, Inc. (NYSE:AGS) earned “Hold” rating by Jefferies on Tuesday, February 20. On Thursday, March 15 the stock rating was maintained by Jefferies with “Hold”. The firm earned “Buy” rating on Tuesday, February 20 by SunTrust. Deutsche Bank maintained the stock with “Buy” rating in Thursday, March 15 report. On Tuesday, February 20 the stock rating was initiated by Deutsche Bank with “Buy”.

The stock increased 4.08% or $1.18 during the last trading session, reaching $30.13. About 1.63M shares traded or 331.89% up from the average. PlayAGS, Inc. (AGS) has 0.00% since August 11, 2017 and is . It has underperformed by 12.57% the S&P500.

Analysts await PlayAGS, Inc. (NYSE:AGS) to report earnings on November, 1. AGS’s profit will be $1.06 million for 251.08 P/E if the $0.03 EPS becomes a reality. After $-0.02 actual EPS reported by PlayAGS, Inc. for the previous quarter, Wall Street now forecasts -250.00 % EPS growth.

PlayAGS, Inc. designs and supplies products and services for the gaming industry in the United States. The company has market cap of $1.06 billion. It offers electronic gaming machines, such as slot machines, video bingo machines, and other electronic gaming devices; and server systems and back-office systems that are used by casinos and other gaming locations. It currently has negative earnings. The firm also provides table products, such as live proprietary table games and side bets, as well as ancillary table products; and interactive products, such as social casino games to play on mobile devices.

More important recent PlayAGS, Inc. (NYSE:AGS) news were published by: Seekingalpha.com which released: “PlayAGS, Inc. (AGS) CEO David Lopez on Q2 2018 Results – Earnings Call Transcript” on August 03, 2018, also Benzinga.com published article titled: “Jefferies Increases Bet On PlayAGS”, Streetinsider.com published: “PlayAGS (AGS) 5.5M Secondary Public Offering by Apollo Prices at $29.25/Share” on August 05, 2018. More interesting news about PlayAGS, Inc. (NYSE:AGS) was released by: Benzinga.com and their article: “36 Stocks Moving In Tuesday’s Pre-Market Session” with publication date: August 07, 2018.

PlayAGS, Inc. (NYSE:AGS) Ratings Chart

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