Deutsche Bank Reiterates “Hold” Rating for Tabcorp Holdings Limited (TAH)
Tabcorp Holdings Limited (ASX:TAH)‘s stock had its “hold” rating reiterated by analysts at Deutsche Bank in a research report issued to clients and investors on Sunday. They currently have a $3.70 target price on the stock.
Shares of Tabcorp Holdings Limited (ASX:TAH) traded up 0.84% during mid-day trading on Friday, hitting A$3.590. 7,775,859 shares of the company’s stock traded hands. Tabcorp Holdings Limited has a 1-year low of A$3.100 and a 1-year high of A$3.830. The stock’s 50-day moving average is A$3.4 and its 200-day moving average is A$3.50. The company has a market cap of A$2.705 billion and a price-to-earnings ratio of 20.70.
Tabcorp Holdings Limited (ASX:TAH) is engaged in the provision of leisure and entertainment services (particularly in relation to gambling).
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