The Stars Group Inc. (TSG) Rating Increased to Hold at BidaskClub

The Stars Group Inc. (NYSE:TSG) was upgraded by equities research analysts at BidaskClub from a “sell” rating to a “hold” rating in a report released on Friday.

Separately, Zacks Investment Research upgraded shares of The Stars Group from a “hold” rating to a “buy” rating and set a $21.00 target price for the company in a research report on Saturday, August 12th.

Shares of The Stars Group (NYSE:TSG) opened at 19.30 on Friday. The stock has a market cap of $2.84 billion and a PE ratio of 27.03. The Stars Group has a 52-week low of $12.85 and a 52-week high of $20.35. The stock’s 50 day moving average is $17.75 and its 200 day moving average is $17.23.

The Stars Group (NYSE:TSG) last issued its earnings results on Wednesday, August 9th. The company reported $0.56 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.52 by $0.04. The company had revenue of $305.31 million for the quarter, compared to the consensus estimate of $319.64 million. During the same quarter in the prior year, the company posted $0.46 EPS. The Stars Group’s revenue was up 6.8% compared to the same quarter last year. Equities research analysts forecast that The Stars Group will post $2.12 earnings per share for the current year.

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