Macquarie sees catalysts for improved investor sentiment at Australia's Tabcorp

Tabcorp Holdings

01/05/2024 01:20

** Analysts at Macquarie see various factors which might
improve investor sentiment towards Australia's Tabcorp  TAH.AX  
    ** Brokerage says Tabcorp has a more competitive wagering
business and the industry backdrop is improving amid supportive
regulatory changes
    ** TAH remains brokerage's top pick in the Australian gaming
space
    ** Tabcorp have the ability to attract a new CEO, with
wagering experience, and remove debates on prior management -
Macquarie
    ** Stock has fallen ~12% this year as of last close 

 (Reporting by Rishav Chatterjee in Bengaluru)
 ((Rishav.Chatterjee@thomsonreuters.com;))