Disclaimer: All information on this section is of a general nature. Before making any investment decision, you should consult your adviser.
Investment Ideas - Jumbo Interactive (JIN): The Next Generation in Lottery
We see the move towards digital lottery continuing to grow as a younger generation of tech-savvy customers enter the market. We believe Jumbo Interactive is well placed to take advantage of this changing competitive landscape.
IRESS consensus estimates indicate a target price of $2.16, which is a 21% premium to the current share price of $1.78. Coupled with IRESS consensus dividend yield forecasts of around 5%, we believe that JIN offers a total upside potential of 26%.