NeoGames (NGMS – Research Report) received a Hold rating and a $29.50 price target from Deutsche Bank analyst Steven Pizzella today. The company’s shares closed yesterday at $27.05.
According to TipRanks, Pizzella is a 3-star analyst with an average return of 7.4% and a 52.17% success rate.
Currently, the analyst consensus on NeoGames is a Hold with an average price target of $29.50.
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NGMS market cap is currently $910.4M and has a P/E ratio of -40.16.
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NeoGames SA is a technology-driven firm primarily engaged in the lottery industry. It is a B2G and B2B technology and service provider to state lotteries and other lottery operators. It offers solutions for lottery games including instants and draw based games via personal computers, smartphones and handheld devices. The company provides services in four key areas namely, marketing operations, player operations, technology operations and business operations.
Read More on NGMS:
- NeoGames Announces Second Quarter 2023 Results
- NeoGames Appoints Robert Wesley as VP of North American Customer Development
- NeoGames enters agreement with Lotteries Entertainment Innovation Alliance
- NeoGames to enter five new European markets following agreement with LEIA
- NeoGames’ Pariplay set for South African expansion with SunBet
