Stock Name: BJTOTO
Company Name: BERJAYA SPORTS TOTO BHD
Research House: HWANGDBS
Berjaya Sports Toto Bhd had its stock rating raised to "buy" from "hold" at HwangDBS Vickers Research Sdn Bhd after the company's parent agreed to buy a 70 per cent stake in a sports betting company.
Berjaya Sports will benefit because its outlets will be used for the sports betting game, according to HwangDBS, which set its price estimate for Berjaya Sports shares at RM5.20. - Bloomberg
Company Name: BERJAYA SPORTS TOTO BHD
Research House: HWANGDBS
Berjaya Sports Toto Bhd had its stock rating raised to "buy" from "hold" at HwangDBS Vickers Research Sdn Bhd after the company's parent agreed to buy a 70 per cent stake in a sports betting company.
Berjaya Sports will benefit because its outlets will be used for the sports betting game, according to HwangDBS, which set its price estimate for Berjaya Sports shares at RM5.20. - Bloomberg
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