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Analysts Offer Insights on Services Companies: Aristocrat Leisure Limited (OtherARLUF) and PointsBet Holdings Ltd. (OtherPBTHF)

There’s a lot to be optimistic about in the Services sector as 2 analysts just weighed in on Aristocrat Leisure Limited (ARLUFResearch Report) and PointsBet Holdings Ltd. (PBTHFResearch Report) with bullish sentiments.

Aristocrat Leisure Limited (ARLUF)

In a report released today, Melinda Baxter from Morgan Stanley maintained a Buy rating on Aristocrat Leisure Limited, with a price target of A$43.00. The company’s shares closed last Wednesday at $25.50, close to its 52-week high of $25.68.

According to TipRanks.com, Baxter is a 2-star analyst with an average return of -1.4% and a 50.0% success rate. Baxter covers the Consumer Goods sector, focusing on stocks such as Treasury Wine Estates Limited, Woolworths Group Ltd, and Wesfarmers Limited.

Aristocrat Leisure Limited has an analyst consensus of Strong Buy, with a price target consensus of $27.84, a 9.2% upside from current levels. In a report issued on May 7, Jarden also maintained a Buy rating on the stock with a A$39.04 price target.

See the top stocks recommended by analysts >>

PointsBet Holdings Ltd. (PBTHF)

Bell Potter analyst Chris Savage maintained a Buy rating on PointsBet Holdings Ltd. today and set a price target of A$2.00. The company’s shares closed last Monday at $0.96, close to its 52-week low of $0.72.

According to TipRanks.com, Savage is a 1-star analyst with an average return of -1.1% and a 43.5% success rate. Savage covers the Technology sector, focusing on stocks such as Life360 Shs Chess Depository Interests Repr 3 Sh, Integrated Research Limited, and Wisetech Global Ltd.

PointsBet Holdings Ltd. has an analyst consensus of Hold, with a price target consensus of $1.03.

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