Tabcorp Holdings Limited Stock Rating Reaffirmed by Citigroup Inc. (TAH)
Tabcorp Holdings Limited (ASX:TAH)‘s stock had its “buy” rating restated by equities research analysts at Citigroup Inc. in a research note issued to investors on Wednesday, American Banking News reports.
TAH has been the subject of a number of other recent research reports. Analysts at CIMB reiterated an “underperform” rating on shares of Tabcorp Holdings Limited in a research note to investors on Tuesday, August 27th. They now have a $2.70 price target on the stock. One research analyst has rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of A$3.02 ($2.85).
Shares of Tabcorp Holdings Limited (ASX:TAH) traded up 2.28% on Wednesday, hitting A$3.365. The stock had a trading volume of 2,071,039 shares. Tabcorp Holdings Limited has a 52-week low of A$2.610 and a 52-week high of A$3.630. The stock has a 50-day moving average of A$3.42 and a 200-day moving average of A$3.13. The company has a market cap of A$2.507 billion and a P/E ratio of 19.13.
Tabcorp Holdings Limited (ASX:TAH) is engaged in the provision of leisure and entertainment services (particularly in relation to gambling).
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