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.
Acquisition targets
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 (20min delay)
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Last
$39.23 |
Change
-0.110(0.28%) |
Mkt cap ! $24.79B | |||
| Open | High | Low | Value | Volume |
| $39.30 | $39.36 | $38.77 | $11.10M | 283.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 472 | $39.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $39.24 | 586 | 14 |
View Market Depth
| Last trade - 11.41am 02/05/2024 (20 minute delay) ? |
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Last
$39.39 |
Change
-0.110 ( 0.26 %) |
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| Open | High | Low | Volume | ||
| $39.33 | $39.42 | $38.77 | 20030 | ||
| Last updated 12.00pm 02/05/2024 ? | |||||
| ALL (ASX) Chart |