Tabcorp Holdings Limited Receives “Reduce” Rating from CIMB (TAH)
Tabcorp Holdings Limited (ASX:TAH)‘s stock had its “reduce” rating restated by investment analysts at CIMB in a note issued to investors on Tuesday, AmericanBankingNews.com reports. They currently have a $2.70 price target on the stock.
Tabcorp Holdings Limited (ASX:TAH) traded up 0.28% on Tuesday, hitting A$3.580. 960,966 shares of the company’s stock traded hands. Tabcorp Holdings Limited has a one year low of A$2.990 and a one year high of A$3.685. The stock’s 50-day moving average is A$3.53 and its 200-day moving average is A$3.4. The company has a market cap of A$2.698 billion and a price-to-earnings ratio of 20.76.
Tabcorp Holdings Limited (ASX:TAH) is engaged in the provision of leisure and entertainment services (particularly in relation to gambling).
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