Eight Capital Trims Stars Group (TSE:TSGI) Target Price to C$34.00
Stars Group (TSE:TSGI) had its price objective decreased by Eight Capital from C$42.00 to C$34.00 in a research note issued to investors on Tuesday, BayStreet.CA reports.
Several other equities research analysts have also recently commented on TSGI. Deutsche Bank reaffirmed a hold rating and set a C$24.00 target price on shares of Stars Group in a research note on Tuesday, July 2nd. Desjardins cut Stars Group from a buy rating to a hold rating and decreased their target price for the stock from C$37.50 to C$35.00 in a research note on Thursday, May 16th. Finally, BMO Capital Markets decreased their target price on Stars Group from C$42.00 to C$36.00 and set an average rating for the company in a research note on Thursday, May 16th.
TSE TSGI opened at C$18.48 on Tuesday. The business has a 50 day simple moving average of C$20.97 and a 200 day simple moving average of C$22.69. Stars Group has a one year low of C$16.69 and a one year high of C$38.42. The stock has a market capitalization of $5.30 billion and a P/E ratio of 596.13. The company has a debt-to-equity ratio of 117.90, a current ratio of 0.96 and a quick ratio of 0.48.
The Stars Group Inc engages in online gaming and betting businesses primarily in Europe, Australia, and the Americas. It owns and operates gaming and related interactive entertainment businesses, such as online real-money poker, casino and betting, play-money poker, and casino and sports prediction games, which are delivered through mobile, Web, and desktop applications.
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