Pointsbet Holdings Ltd (ASX: PBH)
The Pointsbet share price is up 4% to $1.42. This appears to have been driven by a positive broker note out of Ord Minnett. According to the note, the broker has upgraded this sports betting company’s shares to a buy rating with a $1.70 price target. This follows news that the company is selling its US business to Fanatics Betting and Gaming for US$150 million.
Credit Suisse has raised its rating on PointsBet shares to outperform. The broker now expects the PointsBet share price to ascend to $1.60 over the next 12 months
Ann: PointsBet Enters Agreement to Sell US Business, page-156
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Last
45.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $149.7M | |||
| Open | High | Low | Value | Volume |
| 45.5¢ | 46.3¢ | 45.5¢ | $173.2K | 379.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 40620 | 45.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.0¢ | 63886 | 10 |
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| Last trade - 11.40am 20/06/2024 (20 minute delay) ? |
| PBH (ASX) Chart |