Cue Mathan Somasundaram, market portfolio strategist at Blue Ocean Equities, alongside analysts at Deutsche Bank, UBS, Wilsons, Baillieu Holst and CLSA (I might have forgotten a few) who all declared Aristocrat shares are a screaming buy at these beaten down levels.Baillieu Holst upgraded to Buy on Tuesday, declaring the -17% fall from the record closing high of $32.98 "has come to be a rare opportunity in recent years to buy the stock on material weakness". Baillieu Holst upped the new price target to $33.15 from $31 previously. Among the positives cited in support of the move was favourable feedback from last week's global gaming expo in the USA; G2E.One day earlier, in the midst of the severe sell-down of Australian equities, Wilsons declared it is time to step up and declare Aristocrat shares an unmitigated buying opportunity. Wilsons has a fair value assessment around $33. It's price target sits at $32.95. Over at CLSA the analysts have a price target of $41.26.I do know Aristocrat Leisure, due to its link with pokie machines in Australia, is not everybody's taste. Just saying…
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Cue Mathan Somasundaram, market portfolio strategist at Blue...
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Last
$66.49 |
Change
-1.120(1.66%) |
Mkt cap ! $36.16B |
Open | High | Low | Value | Volume |
$67.50 | $67.50 | $65.92 | $138.3M | 2.127M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 42920 | $66.49 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$66.51 | 2281 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 11689 | 24.180 |
2 | 11791 | 24.170 |
1 | 20645 | 24.160 |
3 | 24239 | 24.150 |
3 | 41354 | 24.140 |
Price($) | Vol. | No. |
---|---|---|
24.220 | 11689 | 1 |
24.230 | 11731 | 1 |
24.240 | 26310 | 3 |
24.250 | 12545 | 2 |
24.260 | 16391 | 2 |
Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
ALL (ASX) Chart |