In a report released yesterday, Ben Brownette from Jarden maintained a Buy rating on PointsBet Holdings Ltd. (PBTHF – Research Report), with a price target of A$1.79. The company’s shares closed yesterday at $1.16.
According to TipRanks, Brownette is ranked #7806 out of 8402 analysts.
Currently, the analyst consensus on PointsBet Holdings Ltd. is a Moderate Buy with an average price target of $1.14.
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PBTHF market cap is currently A$419.2M and has a P/E ratio of -1.43.
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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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