Credit Suisse - downgrade to underperform from neutral - target price $6.50
The company has announced an agreement with NBCUniversal, to be funded by scrip and options which Credit Suisse asserts actually turns PointsBet into an option.The market commitment , at US$393m over five years, is so large that the company is unlikely to deliver operating earnings in the US until at least FY25.Given the power of NBCUniversal, if PointsBet can demonstrate revenue that covers the new costs investors are likely to focus on revenue for valuation purposes, in the broker's view.Credit Suisse downgrades to Underperform from Neutral. Target is $6.50.
- Forums
- ASX - By Stock
- Amazing deal with NBC
Credit Suisse - downgrade to underperform from neutral - target...
-
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PBH (ASX) to my watchlist
(20min delay)
|
|||||
Last
69.5¢ |
Change
0.020(2.96%) |
Mkt cap ! $230.2M |
Open | High | Low | Value | Volume |
67.0¢ | 69.5¢ | 67.0¢ | $227.2K | 331.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10498 | 69.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
69.5¢ | 6336 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10498 | 0.690 |
1 | 10000 | 0.685 |
1 | 10000 | 0.680 |
2 | 14713 | 0.670 |
6 | 64754 | 0.660 |
Price($) | Vol. | No. |
---|---|---|
0.700 | 140983 | 7 |
0.710 | 18256 | 3 |
0.715 | 10896 | 2 |
0.720 | 14215 | 6 |
0.730 | 22766 | 4 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
Featured News
PBH (ASX) Chart |