ALL 0.25% $67.87 aristocrat leisure limited

Deutsche Bank- $38.75 PT ($33.70 prev) UBS- $36.20 ($30.50 prev)...

  1. 419 Posts.
    lightbulb Created with Sketch. 1
    Deutsche Bank- $38.75 PT ($33.70 prev)
    UBS- $36.20 ($30.50 prev)
    Macquarie- $33.00 ($27.15 prev)

    We view Aristocrat's half year result as extremely positive as not only was it 13% above market expectations, the Digital acquisitions (Plarium and Big Fish) are exceeding expectations, the 19% growth in the Class III Gaming Ops installed base was ahead of our forecasts (+10%), and the company is enjoying early success in adjacent markets (Class III stepper and Class II video with VLT to come). The outlook remains positive and the company expects double-digit NPATA growth to continue for the remainder of the year. We maintain our Buy rating with the stock trading at a 22% discount to our valuation of $38.75/share and at 18.9x FY19e earnings.
 
watchlist Created with Sketch. Add ALL (ASX) to my watchlist
(20min delay)
Last
$67.87
Change
0.170(0.25%)
Mkt cap ! $36.16B
Open High Low Value Volume
$67.89 $68.30 $67.43 $47.77M 704.7K

Buyers (Bids)

No. Vol. Price($)
1 4131 $67.85
 

Sellers (Offers)

Price($) Vol. No.
$67.88 363 1
View Market Depth
Last trade - 16.10pm 28/11/2024 (20 minute delay) ?
ALL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.