Zacks: Brokerages Set $25.20 Target Price for The Stars Group Inc. (TSG)
Shares of The Stars Group Inc. (NYSE:TSG) have received an average broker rating score of 2.50 (Hold) from the two analysts that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a hold recommendation and one has issued a buy recommendation on the company.
Brokerages have set a one year consensus price objective of $25.20 for the company and are expecting that the company will post $0.42 earnings per share for the current quarter, according to Zacks. Zacks has also given The Stars Group an industry rank of 103 out of 265 based on the ratings given to related companies.
Several research firms have weighed in on TSG. BidaskClub raised shares of The Stars Group from a “sell” rating to a “hold” rating in a research report on Friday, September 15th. Zacks Investment Research raised shares of The Stars Group from a “hold” rating to a “buy” rating and set a $21.00 target price on the stock in a research report on Saturday, August 12th.
COPYRIGHT VIOLATION WARNING: This story was originally reported by Watch List News and is owned by of Watch List News. If you are viewing this story on another site, it was illegally copied and republished in violation of U.S. and international copyright & trademark legislation. The correct version of this story can be viewed at https://www.watchlistnews.com/zacks-brokerages-set-25-20-target-price-for-the-stars-group-inc-tsg/1644488.html.
Shares of The Stars Group (TSG) traded down 0.99% during midday trading on Friday, reaching $20.00. 271,041 shares of the company traded hands. The company has a 50 day moving average price of $19.29 and a 200 day moving average price of $18.15. The company has a market capitalization of $2.94 billion and a PE ratio of 28.01. The Stars Group has a 1-year low of $12.85 and a 1-year high of $20.70.
The Stars Group (NYSE:TSG) last released its earnings results on Wednesday, August 9th. The company reported $0.56 earnings per share for the quarter, topping the consensus estimate of $0.52 by $0.04. The company had revenue of $305.31 million for the quarter, compared to analysts’ expectations of $319.64 million. The firm’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same period in the prior year, the firm posted $0.46 EPS. On average, analysts expect that The Stars Group will post $2.24 earnings per share for the current year.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for The Stars Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Stars Group Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.