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TAH — Tabcorp Holdings News Story

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Australia's Tabcorp climbs as Jefferies names it top pick among gaming cos; peers lag

** Australia-listed gaming firm Tabcorp TAH.AX rises 3.1%; peer Aristocrat ALL.AX, Lottery Corp TLC.AX slip 0.2% and 0.4%, respectively

** Jefferies lifts PT, citing earnings upside on wagering rebound, self-help beyond yield-hit H1

** Stays constructive on Aristocrat, but sees shares range-bound without Interactive segment ramp-up or M&A clarity

** Retains "Hold" on Lottery Corp after jackpot-driven rev dip drags H1, but sees growth picking up in H2

** However, flags uncertainty on balance sheet, VIC licence timing and CEO strategy

** Last year, TAH, TLC gained 75.2% and 4.5% respectively; ALL lost 14.9%

STOCKRATINGOLD PT (A$)NEW PT (A$)
ALLBuy71-
TAHBuy1.071.20
TLCHold5.905.65
(Reporting by Kumar Tanishk in Bengaluru) ((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk http://www.x.com/thatstanishk;))

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