
Citi Remains a Buy on Aristocrat Leisure (ARLUF)
In a report released today, Adrian Lemme from Citi maintained a Buy rating on Aristocrat Leisure (ARLUF – Research Report), with a price target of A$71.00. The company's shares closed today at $42.14.
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According to TipRanks, Lemme is a 4-star analyst with an average return of 9.7% and a 64.46% success rate.
Aristocrat Leisure has an analyst consensus of Strong Buy, with a price target consensus of $49.41, which is a 17.25% upside from current levels. In a report released on May 12, Morgan Stanley also maintained a Buy rating on the stock with a A$73.20 price target.
Based on Aristocrat Leisure 's latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $3.33 billion and a net profit of $592.1 million. In comparison, last year the company earned a revenue of $3.22 billion and had a net profit of $801.1 million

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