BMO Capital Markets Trims Stars Group (TSE:TSGI) Target Price to C$34.00

Stars Group (TSE:TSGI) had its target price decreased by BMO Capital Markets from C$36.00 to C$34.00 in a report released on Tuesday morning, BayStreet.CA reports.

A number of other equities analysts have also commented on TSGI. Desjardins raised shares of Stars Group from a hold rating to a buy rating and decreased their price objective for the stock from C$35.00 to C$31.00 in a research note on Tuesday. Eight Capital decreased their price objective on shares of Stars Group from C$42.00 to C$34.00 in a research note on Tuesday. Finally, Deutsche Bank reaffirmed a hold rating and issued a C$24.00 price objective on shares of Stars Group in a research note on Tuesday, July 2nd.

Stars Group stock opened at C$17.91 on Tuesday. The company has a 50 day moving average price of C$21.04 and a 200 day moving average price of C$22.71. Stars Group has a 52 week low of C$16.69 and a 52 week high of C$38.42. The company has a debt-to-equity ratio of 117.90, a quick ratio of 0.48 and a current ratio of 0.96. The firm has a market capitalization of $5.07 billion and a price-to-earnings ratio of 577.74.

About Stars Group

The Stars Group Inc engages in online gaming and betting businesses primarily in Europe, Australia, and the Americas. It owns and operates gaming and related interactive entertainment businesses, such as online real-money poker, casino and betting, play-money poker, and casino and sports prediction games, which are delivered through mobile, Web, and desktop applications.

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