In a report released on January 1, Simon Thackray from Jefferies maintained a Buy rating on PointsBet Holdings Ltd. (PBTHF – Research Report), with a price target of A$0.91. The company’s shares closed last Friday at $0.61.
According to TipRanks, Thackray is an analyst with an average return of -3.9% and a 39.13% success rate. Thackray covers the Basic Materials sector, focusing on stocks such as Bluescope Steel Limited, ADBRI, and Boral Limited.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for PointsBet Holdings Ltd. with a $0.64 average price target.
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The company has a one-year high of $1.49 and a one-year low of $0.06. Currently, PointsBet Holdings Ltd. has an average volume of 3,061.
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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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