ALL 1.46% $54.89 aristocrat leisure limited

Acquisition targets

  1. 129 Posts.
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    I feel like the market is currently pricing in an acquisition in the gaming space for Aristocrat at these levels (my personal PT is $39.00). This is based on the current trading price and some of the more bullish broker commentary which I feel is saying that risk is skewed to the upside if an acquisition is announced.

    Has anyone got any ideas of potential target for Aristocrat?

    Plarium (2017) - $635m + earn outs - 10x EBITDA multiple including earn outs,
    Big FIsh (2018) - A$1.31bn - 11.9x Adjusted EBITDA multiple including earn outs,

    Playtika is listed and trading on an EV/EBITDA multiple of 18.74x.

 
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