Eight Capital Cuts Stars Group (TSE:TSGI) Price Target to C$34.00

Stars Group (TSE:TSGI) had its target price reduced by Eight Capital from C$42.00 to C$34.00 in a research report sent to investors on Tuesday morning, BayStreet.CA reports.

A number of other equities analysts have also recently commented on TSGI. Deutsche Bank reiterated a hold rating and issued a C$24.00 target price on shares of Stars Group in a report on Tuesday, July 2nd. Desjardins cut Stars Group from a buy rating to a hold rating and dropped their target price for the stock from C$37.50 to C$35.00 in a report on Thursday, May 16th. Finally, BMO Capital Markets dropped their price objective on Stars Group from C$42.00 to C$36.00 and set an average rating for the company in a report on Thursday, May 16th.

Shares of Stars Group stock opened at C$17.91 on Tuesday. The stock has a market cap of $5.07 billion and a price-to-earnings ratio of 577.74. The company has a debt-to-equity ratio of 117.90, a quick ratio of 0.48 and a current ratio of 0.96. The stock has a 50 day moving average price of C$21.04 and a 200-day moving average price of C$22.71. Stars Group has a one year low of C$16.69 and a one year high of C$38.42.

Stars Group Company Profile

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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