Bit of a broker update before results...
Citi rates ALL as Buy (1) -Ahead of Aristocrat Leisure's earnings result on Wednesday, the broker has increased its price target to $37.90 from $35.00, retaining Buy. The broker expects FY19 to deliver another year of double-digit earnings growth and believes the same can be achieved for the next three years.Driving growth will be the monetisation of RAID in FY21, ongoing land-based growth and capital management. The stock offers superior growth while trading at a discount to the market ex rsources/financials.Target price is $37.90 Current Price is $31.37 Difference: $6.53If ALL meets the Citi target it will return approximately 21% (excluding dividends, fees and charges).Current consensus price target is $34.44, suggesting upside of 9.8% (ex-dividends)The company's fiscal year ends in September.
Chart, page-75
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Last
$57.35 |
Change
-0.730(1.26%) |
Mkt cap ! $36.10B | |||
| Open | High | Low | Value | Volume |
| $57.82 | $57.93 | $56.92 | $46.52M | 810.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2745 | $57.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $57.46 | 380 | 2 |
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| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| ALL (ASX) Chart |