The Stars Group Inc (TSGI) Receives a Buy from BMO Capital

By Austin Angelo

In a latest note to investors, a research analyst has provided a rating update for the The Stars Group Inc (TSGIResearch Report). BMO Capital’s analyst Tim Casey reiterates their Buy rating on the shares, with a C$36 price target.

According to TipRanks.com, Casey is a 4-star analyst with an average return of 8.8% and a 77.9% success rate. Casey covers the Services sector, focusing on stocks such as Shaw Communications Inc, Thomson Reuters Corp, and The Stars Group Inc.

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The word on The Street in general, suggests a Strong Buy analyst consensus rating for The Stars Group Inc with a C$37 average price target, which is a 51.1% upside from current levels. In a report issued on May 9, Echelon Wealth Partners also reiterated a Buy rating on the stock with a C$37.50 price target.

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The company has a one-year high of C$51.75 and a one-year low of C$20.25. Currently, The Stars Group Inc has an average volume of 514.5K.

The Stars Group, Inc. provides technology-based products and services in the global gaming and interactive entertainment industries. It owns gaming and related consumer businesses and brands, including PokerStars, PokerStars Casino, BetStars, Full Tilt, StarsDraft, and the PokerStars Championship and PokerStars Festival live poker tour brands.

The company’s shares closed on Wednesday at C$24.49, close to its 52-week low of C$20.25.