Citigroup Maintains ‘Sell’ Rating on Bwin.party Stock
Published on:
Sep/28/2015
On Monday, Citigroup issued an analyst note maintaining a “sell” rating on Bwin.party’s stock.
The target price would indicated a potential downside of 39.08% from the company’s current stock price.
Bwin.party is currently being targeted by two other gambling firms as part of an acquisition attempt. Both GVC Gaming and 888 Holdings have offered close to €1 billion for the company.
LON:BPTY was trading -0.47% lower at GBX 106.20 as of 12:04 London time Monday. Bwin.party digital entertainment PLC’s stock was down -7.49% in the past 200 days. It has underperformed the S&P500 Index, which has decreased -6.24% in the same time.
LON:BPTY Price Chart & Trend.
- Aaron Goldstein, Gambling911.com
