Based on the latest data, the broker estimates Aristocrat Leisure’s social gaming and casino app revenue has grown by 10-15% year to date. Total social gaming revenue is estimated to be up 90% year on year in February and 50% year to date.
Buy and $39.60 target retained.
Sector: Consumer Services.
Target price is $39.60.Current Price is $15.44. Difference: $24.16 – (brackets indicate current price is over target). If ALL meets the UBS target it will return approximately 61% (excluding dividends, fees and charges – negative figures indicate an expected loss).
