Jefferies sees favourable market positioning for Australia's Tabcorp
12/08/2025 21:05
** Analysts at Jefferies continues to see Tabcorp Holdings TAH.AX as favourably positioned for a medium-term structural earnings improvement ** Brokerage retains "buy" rating and price target of A$0.87/share for the casino and gaming company ** Brokerage also expects markets to react positively to any demonstration of strategic initiatives from new management; quantification of cost-out benefits ** However, Jefferies sees around a 7% decline in like-for-like wagering revenue for company when removing the positive impact from Victoria-specific factors ** Stock up 27.4% YTD, as of last close (Reporting by Shivangi Lahiri in Bengaluru) ((shivangi.lahiri@thomsonreuters.com))
Recent news on Tabcorp Holdings
See all newsAustralia's Lottery Corp says CFO to step down next year; shares edge up
Brief: Tabcorp Says Become Aware Macquarie Group Acquired 5.14% Of Voting Power In Co
Brief: Tabcorp Declares Final Dividend Of 1.5 AU Cents Per Share
Brief: Tabcorp To Acquire Wagering Technology Provider Betmakers
Australia's BetMakers gains most in over 6 years after receiving Tabcorp's buyout offer