In a report released today, Phillip Chippindale from Ord Minnett maintained a Hold rating on PointsBet Holdings Ltd. (PBTHF – Research Report), with a price target of A$1.42. The company’s shares closed last Tuesday at $0.91.
According to TipRanks, Chippindale is ranked #8102 out of 8281 analysts.
Currently, the analyst consensus on PointsBet Holdings Ltd. is a Hold with an average price target of $1.06, a 16.19% upside from current levels. In a report released yesterday, Credit Suisse also maintained a Hold rating on the stock with a A$1.30 price target.
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PBTHF market cap is currently $269.2M and has a P/E ratio of -1.27.
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Pointsbet Holdings Ltd is an online bookmaker offering all traditional fixed odds markets including sports, racing and other spread betting where winnings or losses aren’t fixed but depend on how correct bet is. It offers more markets on NBA, AFL, and NRL than any other bookmaker in the world. Its reportable segments consist of: Australian Trading; Technology; and the United States. Majority of the firm’s revenue is derived from Australian trading segment which includes revenue from sports and race betting services provided to Australian customers.
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