Report
EUR 13.71 For Business Accounts Only

An unfavourable environment weighs on TABCORP HOLDINGS LTD., which sees a downgrade to Slightly Negative

The independent financial analyst theScreener just requalified the general evaluation of TABCORP HOLDINGS LTD. (AU), active in the Gambling industry. As regards its fundamental valuation, the title still shows 1 out of 4 stars and its market behaviour is seen as moderately risky. theScreener believes that the unfavourable environment weighs on the sector and penalises the company, which sees a downgrade to its general evaluation to Slightly Negative. As of the analysis date February 14, 2020, the closing price was AUD 4.65 and its target price was estimated at AUD 4.29.
Underlying
TABCorp Holdings Ltd.

Tabcorp Holdings is an Australian gambling entertainment company. Co. has three segments: Wagering and Media operations, which includes its network of TAB agencies, hotels and clubs, and on-course totalisators in Victoria, New South Wales and the Australian Capital Territory (ACT) as well as its Three Sky Racing television channels broadcasting thoroughbred, harness and greyhound racing and other sports; Gaming Services business, which consist of Tabcorp Gaming Solutions that provides a mix of gaming capabilities, services, advice and financing to licensed gaming venues; and Keno business, a random number game that is distributed to clubs, hotels and TABs and is available online in the ACT.

Provider
TheScreener
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