Goldman Sachs Group assumed coverage on shares of Stars Group (NASDAQ:TSG) in a research note published on Wednesday morning, The Fly reports. The brokerage issued a buy rating on the stock.
Several other equities analysts also recently weighed in on the company. TheStreet downgraded Stars Group from a b rating to a c rating in a research report on Monday, August 20th. Macquarie cut their target price on Stars Group from $48.00 to $41.00 and set an outperform rating on the stock in a research report on Tuesday, August 14th. BidaskClub downgraded Stars Group from a sell rating to a strong sell rating in a research report on Wednesday, August 8th. ValuEngine downgraded Stars Group from a buy rating to a hold rating in a research report on Tuesday, August 7th. Finally, Zacks Investment Research downgraded Stars Group from a buy rating to a hold rating in a research report on Saturday, July 28th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company’s stock. The stock has a consensus rating of Hold and a consensus price target of $41.50.
NASDAQ TSG opened at $24.90 on Wednesday. The company has a market cap of $6.84 billion, a PE ratio of 11.07 and a beta of 1.58. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.93 and a current ratio of 1.93. Stars Group has a fifty-two week low of $19.65 and a fifty-two week high of $38.95.
A number of institutional investors and hedge funds have recently bought and sold shares of TSG. Twin Tree Management LP purchased a new position in Stars Group during the 2nd quarter valued at $107,000. Tower Research Capital LLC TRC purchased a new position in Stars Group during the 2nd quarter valued at $127,000. Wells Fargo & Company MN purchased a new position in Stars Group during the 1st quarter valued at $198,000. Monetary Management Group Inc. purchased a new position in Stars Group during the 2nd quarter valued at $200,000. Finally, Atria Investments LLC purchased a new position in Stars Group during the 2nd quarter valued at $227,000. Institutional investors own 61.37% of the company’s stock.
Stars Group Company Profile
The Stars Group Inc provides technology-based products and services to gaming and interactive entertainment industries in Canada and internationally. It owns and operates gaming and related interactive entertainment businesses under the PokerStars, PokerStars Casino, BetStars, Full Tilt, the PokerStars Players No Limit Hold'em Championship, European Poker Tour, PokerStars Caribbean Adventure, Latin American Poker Tour, Asia Pacific Poker Tour, PokerStars Festival, and PokerStars MEGASTACK live poker tour and event brands, The company was formerly known as Amaya, Inc and changed its name to The Stars Group Inc in August 2017.
Read More: Stock Symbol
Receive News & Ratings for Stars Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stars Group and related companies with MarketBeat.com's FREE daily email newsletter.