The broker notes the 1H was impacted by higher interest rates and inflationary pressures on the customer, along with the safer gambling measures which were implemented over the period.
While the analyst's earnings forecast drops by -14% in FY24, a 12% rise occurs in FY25 after the inclsion of contributions from Queen's Wharf Brisbane.
The Add rating and 70c target are unchanged.
Sector: Consumer Services.
Target price is
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