In a review of stocks under coverage by Morgans in the Gaming sector, the top two picks remain Aristocrat Leisure ((ALL)) and Jumbo Interactive ((JIN)).

Elsewhere, the broker lowers the FY24 and FY25 earnings (EBITDA) forecasts for Star Entertainment by -16% and -9%, respectively, due to a potential delay in opening for the Queen's Wharf Brisbane and softer trading run-rates.

The target falls to 70c form 90c. Add.

Sector: Consumer Services.

Target price is $0.70.Current Price is $0.51. Difference: $0.19 - (brackets indicate current price is over target). If SGR meets the Morgans target it will return approximately 27% (excluding dividends, fees and charges - negative figures indicate an expected loss).

© 2023 Acquisdata Pty Ltd., source FN Arena