03-06-2025
Morgan Stanley Remains a Buy on Tabcorp Holdings Limited (TABCF)
In a report released today, Melinda Baxter from Morgan Stanley maintained a Buy rating on Tabcorp Holdings Limited (TABCF – Research Report), with a price target of A$0.78.
Confident Investing Starts Here:
Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Baxter covers the Consumer Cyclical sector, focusing on stocks such as Wesfarmers Limited, Aristocrat Leisure , and JB Hi-Fi Limited. According to TipRanks, Baxter has an average return of -9.5% and a 30.47% success rate on recommended stocks.
The analyst consensus on Tabcorp Holdings Limited is currently a Hold rating.
TABCF market cap is currently $1.04B and has a P/E ratio of -2.24.
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.
