SciPlay (SCPL) Now Covered by Craig Hallum

Equities research analysts at Craig Hallum assumed coverage on shares of SciPlay (NASDAQ:SCPL) in a report issued on Thursday, The Fly reports. The brokerage set a “buy” rating and a $22.00 price target on the stock. Craig Hallum’s target price would indicate a potential upside of 42.39% from the company’s previous close.

Separately, Stephens began coverage on shares of SciPlay in a research note on Wednesday. They set an “overweight” rating for the company.

NASDAQ SCPL opened at $15.45 on Thursday. SciPlay has a 1 year low of $14.01 and a 1 year high of $18.75.

In other news, CEO Joshua J. Wilson acquired 6,000 shares of SciPlay stock in a transaction that occurred on Tuesday, May 7th. The stock was purchased at an average price of $16.00 per share, for a total transaction of $96,000.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director M. Mendel Pinson acquired 5,000 shares of SciPlay stock in a transaction that occurred on Tuesday, May 7th. The stock was purchased at an average price of $16.00 per share, with a total value of $80,000.00. The disclosure for this purchase can be found here. Insiders have bought 759,500 shares of company stock valued at $11,904,675 in the last quarter.

SciPlay Company Profile

SciPlay Corporation develops and publishes digital games on mobile and Web platforms. The company offers seven games, which include social casino games, such as Jackpot Party Casino, Gold Fish Casino, Hot Shot Casino, and Quick Hit Slots, as well as casual games comprising MONOPOLY Slots, Bingo Showdown, and 88 Fortunes Slots.

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The Fly

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