24-06-2025
Morgans downgrades Tabcorp Holdings Limited (TABCF) to a Hold
Morgans analyst Leo Partridge downgraded Tabcorp Holdings Limited (TABCF – Research Report) to a Hold today and set a price target of A$0.75. The company's shares closed last Friday at $0.47.
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According to TipRanks, Partridge is an analyst with an average return of -1.5% and a 44.00% success rate. Partridge covers the Consumer Cyclical sector, focusing on stocks such as Aristocrat Leisure , Jumbo Interactive Limited, and Tabcorp Holdings Limited.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Tabcorp Holdings Limited with a $0.50 average price target.
TABCF market cap is currently $1.07B and has a P/E ratio of -2.31.
Based on the recent corporate insider activity of 11 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of TABCF in relation to earlier this year.
