Jefferies analyst Simon Thackray maintained a Buy rating on PointsBet Holdings Ltd. (PBTHF – Research Report) on December 21 and set a price target of A$0.91. The company’s shares closed last Friday at $0.40.
Thackray covers the Basic Materials sector, focusing on stocks such as Bluescope Steel Limited, ADBRI, and Boral Limited. According to TipRanks, Thackray has an average return of -8.6% and a 31.58% success rate on recommended stocks.
PointsBet Holdings Ltd. has an analyst consensus of Strong Buy, with a price target consensus of $0.61.
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PBTHF market cap is currently $203.2M and has a P/E ratio of -0.56.
Based on the recent corporate insider activity of 15 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of PBTHF in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
PointsBet Holdings Ltd. (PBTHF) Company Description:
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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