Stars Group (TSGI) PT Lowered to C$36.00

Stars Group (TSE:TSGI) had its target price reduced by investment analysts at BMO Capital Markets from C$42.00 to C$36.00 in a research report issued to clients and investors on Thursday, reports. The brokerage currently has an “average” rating on the stock. BMO Capital Markets’ price target suggests a potential upside of 49.32% from the company’s previous close.

A number of other equities analysts have also weighed in on TSGI. Eight Capital decreased their target price on Stars Group from C$44.00 to C$40.00 in a research note on Thursday, March 7th. Cormark decreased their target price on Stars Group from C$42.00 to C$38.50 in a research note on Thursday, March 28th. Finally, Desjardins upgraded Stars Group from a “hold” rating to a “buy” rating and set a C$37.50 target price on the stock in a research note on Thursday, March 28th.

Shares of TSE TSGI opened at C$24.11 on Thursday. The stock has a market capitalization of $6.83 billion and a price-to-earnings ratio of -49.00. The company has a debt-to-equity ratio of 131.34, a quick ratio of 0.55 and a current ratio of 1.03. Stars Group has a twelve month low of C$20.25 and a twelve month high of C$51.75.

About Stars Group

The Stars Group Inc engages in online gaming and betting businesses primarily in Europe, Australia, and the Americas. It owns and operates gaming and related interactive entertainment businesses, such as online real-money poker, casino and betting, play-money poker, and casino and sports prediction games, which are delivered through mobile, Web, and desktop applications.

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