Ord Minnett analyst Lindsay Bettiol maintained a Buy rating on Betmakers Technology Group Ltd. (TPBTF – Research Report) today and set a price target of A$0.16. The company’s shares closed last Friday at $0.05.
According to TipRanks, Bettiol is a 3-star analyst with an average return of 6.9% and a 38.46% success rate.
Betmakers Technology Group Ltd. has an analyst consensus of Moderate Buy, with a price target consensus of $0.10.
TPBTF market cap is currently $84.68M and has a P/E ratio of -3.21.
Based on the recent corporate insider activity of 7 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of TPBTF in relation to earlier this year.
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Betmakers Technology Group Ltd. (TPBTF) Company Description:
BetMakers Technology Group Ltd engages in the development and provision of data and analytic products. The firm operates in two segments: Content & integrity, and Wholesale wagering products. The Content & integrity segment assists racing bodies and rights holders in producing and distributing race content including services such as barrier technology, official price calculation, vision, and pricing distribution. Wholesale wagering products segment which derives majority revenue provides a variety of racing data and analytical tools consisting basic race data such as pricing, runners, and form, analytical tools to consume and leverage the data, and wagering tools such as platforms and the Global Tote.
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