agree - hopefully tomorrow we can blow past the $38 (and high 30's) and have something with a 4 in front of it. would look good from technical perspective. looking forward to being updated on the FY , long time in the dark since last update in May - see how close Morgan Stanley are in their forecast. FN arena reporting on 19 SEPT 2022 a BUY from all 7 brokers (Macquarie, Morgans, Credit Suisse, Morgan Stanley, Ord Minnett, Citi and UBS). SP up almost 20% since then $32 vs $37.88
ARISTOCRAT LEISURE LIMITED ((ALL)) Overweight weight by Morgan Stanley.New analysts at Morgan Stanley "assume coverage" of Aristocrat Leisure and begin with an Overweight rating and set a $45 target. While prior coverage is not referenced, this is effectively an upgrade from an Equal-weight rating. The target has risen from $43.
The broker expects a re-rating of Aristocrat Leisure shares based on potential to become a meaningful player in i-Gaming in the US and to navigate a weaker consumer backdrop in that country. Past digital growth is also considered to be sustainable.
Apart from an attractive valuation, the analysts also see potential upside from the pursuit of M&A opportunities or capital management initiatives.
Industry View: In-Line.
COMMENTARYMorgan Stanley forecasts FY22 revenue of $5,499m, a rise of 16% year-on-year, and a 27% increase in earnings (EBITA) to $1,626m, when Aristocrat Leisure reports FY22 results on November 16.
The Overweight rating and target price of $45.00 are retained. Industry view: In-Line.
FORECAST
Morgan Stanley forecasts a full year FY22 EPS of 174.00 cents.
- Forums
- ASX - By Stock
- ALL
- News: ALL Aristocrat Leisure Appoints New Chief Financial Officer
News: ALL Aristocrat Leisure Appoints New Chief Financial Officer, page-3
Featured News
Add ALL (ASX) to my watchlist
|
|||||
Last
$49.07 |
Change
0.200(0.41%) |
Mkt cap ! $31.08B |
Open | High | Low | Value | Volume |
$48.84 | $49.69 | $48.63 | $180.8M | 3.717M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 14558 | $49.07 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$49.08 | 10887 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2426 | 48.700 |
1 | 526 | 48.470 |
1 | 500 | 48.050 |
1 | 150 | 48.000 |
1 | 1000 | 47.950 |
Price($) | Vol. | No. |
---|---|---|
49.230 | 1508 | 1 |
49.500 | 2012 | 2 |
49.990 | 1957 | 4 |
50.000 | 2223 | 8 |
50.010 | 800 | 1 |
Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
Featured News
ALL (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online