Tabcorp Holdings Limited Receives “Buy” Rating from Citigroup Inc. (TAH)
Tabcorp Holdings Limited (ASX:TAH)‘s stock had its “buy” rating restated by analysts at Citigroup Inc. in a research report issued to clients and investors on Thursday, American Banking News reports.
Tabcorp Holdings Limited (ASX:TAH) traded up 0.28% during mid-day trading on Thursday, hitting A$3.540. 1,674,439 shares of the company’s stock traded hands. 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$2.637 billion and a price-to-earnings ratio of 20.52.
A number of other firms have also recently commented on TAH. 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 equities research analyst has rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the stock. Tabcorp Holdings Limited has a consensus rating of “Hold” and an average target price of A$3.02 ($2.93).
Tabcorp Holdings Limited (ASX:TAH) is engaged in the provision of leisure and entertainment services (particularly in relation to gambling).
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