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Thu Nov 27, 2008 3:32pm GMT
Sportingbet up on strong start to year
Shares in Sportingbet climb almost 2 percent as the online sports betting and gaming group says it has experienced a strong start to the year, prompting Collins Stewart to repeat its "buy" recommendation and 55 pence target price.
Paul Leyland, an analyst at Collins Stewart, says: "We are highly encouraged by this and see upgrade potential for our full year 2009 estimated revenue growth assumptions of 16 percent."
The broker says: "The company continues to grow despite the challenging macro-environment, which we see as evidence of resilience both in the gambling industry and Sportingbet's (improving) model." |
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发表于 2008-11-28 11:48
