10/21/2011

Bwin.Party Digital Entertainment tipped to be dominant player; Buy rec, by Greg Tingle - 21st October 2011

Profiles

Bwin.Party Digital Entertainment PartyCasino.com PartyPoker.com World Poker Tour Games Casinos News Financial News Casino News Entertainment News




Medium to long term investment prospect, Bwin.Party Digital Entertainment (LON:BPTY) could be the dominant player in online gaming across Europe, deriving the majority of its profits from regulated markets, states UBS analyst Simon Whittington.

In the meantime, the company is buying back shares, paying around 5% dividend yield, and driving double-digit EBITDA growth, underpinned by conservative synergies, he added.

UBS rates the firm a 'buy' with a 12 month target price of 185 pence (current price: 104.8 pence).

Media Man is following up.

Website Network

Media Man Int

Media Man

Media Man News

Media Man Entertainment

Casino News Media

Global Gaming Directory