Monday, 2 October 2023

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Citi Sticks to Their Buy Rating for Aristocrat Leisure Limited (ARLUF) – TipRanks Financial Blog

Is ASO a Buy, Before Earnings? – TipRanks Financial Blog

Citi analyst Adrian Lemme maintained a Buy rating on Aristocrat Leisure Limited (ARLUFResearch Report) today and set a price target of A$42.80. The company’s shares closed yesterday at $26.39.

According to TipRanks, Lemme is a 3-star analyst with an average return of 2.2% and a 48.33% success rate. Lemme covers the Consumer Defensive sector, focusing on stocks such as Wesfarmers Limited, Metcash Limited, and Woolworths Group Ltd.

Aristocrat Leisure Limited has an analyst consensus of Strong Buy, with a price target consensus of $28.11, a 6.52% upside from current levels. In a report released today, Morgans also maintained a Buy rating on the stock with a A$46.00 price target.

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The company has a one-year high of $27.75 and a one-year low of $19.98. Currently, Aristocrat Leisure Limited has an average volume of 692.

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Aristocrat Leisure Ltd. engages in the design, development and distribution of gaming content, platforms and systems. It offers products and services, including electronic gaming machines, video lottery terminal systems and casino management systems. The company engages in the on-line social gaming and real money wager markets. It operates through four segments: The Americas; Australia and New Zealand; Digital; and International Class III. The company was founded by Leonard Hastings Ainsworth in 1953 and is headquartered in Sydney, Australia.

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