Stifel Starts SciPlay Corp. (SCPL) at Buy

Stifel analyst Drew Crum initiates coverage on SciPlay Corp. (NASDAQ: SCPL) with a Buy rating and a price target of $18.50.

The analyst comments "Our positive stance on the shares is based on a combination of factors, including a favorable industry backdrop for mobile gaming, strong competitive position within social casino gaming which has been a more consistent category, and a solid track record of growth and profitability that we see as sustainable given a multitude of growth opportunities going forward."

For an analyst ratings summary and ratings history on SciPlay Corp. click here. For more ratings news on SciPlay Corp. click here.

Shares of SciPlay Corp. closed at $15.77 yesterday.

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