Aristocrat Leisure (OTCMKTS:ARLUF) Stock Price Up 17.5% – Still a Buy?

Aristocrat Leisure Limited (OTCMKTS:ARLUFGet Free Report) rose 17.5% during mid-day trading on Monday . The stock traded as high as $41.84 and last traded at $41.84. 142 shares were traded during trading, a decline of 94% from the average daily volume of 2,265 shares. The stock had previously closed at $35.60.

Analyst Ratings Changes

Separately, Royal Bank Of Canada initiated coverage on shares of Aristocrat Leisure in a research note on Tuesday, April 28th. They set an “outperform” rating and a $58.00 price objective for the company. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $58.00.

Read Our Latest Stock Analysis on ARLUF

Aristocrat Leisure Stock Up 17.5%

The stock has a fifty day moving average price of $34.92 and a 200-day moving average price of $35.70.

Aristocrat Leisure Company Profile

(Get Free Report)

Aristocrat Leisure Limited is a global gaming content and technology company headquartered in Sydney, Australia. Established in 1953 by Len Ainsworth, Aristocrat has grown into one of the world’s leading designers and manufacturers of casino gaming machines and electronic gaming systems. The company’s product portfolio spans video and reel slot machines, electronic table games, player management systems and casino management software, serving land-based gaming establishments across multiple jurisdictions.

Over the decades, Aristocrat has expanded its geographic footprint to include North America, Europe, Latin America and the Asia-Pacific region.

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