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Bragg Gaming Group Inc (BRAG) Gets a Buy from ATB Cormark Capital Markets

Tipranks - Tipranks - Thu Feb 26, 4:52AM CST

ATB Cormark Capital Markets analyst David Mcfadgen maintained a Buy rating on Bragg Gaming Group Inc yesterday and set a price target of C$7.00. The company’s shares closed yesterday at C$2.23.

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According to TipRanks, Mcfadgen is a 4-star analyst with an average return of 22.1% and a 60.00% success rate.

Bragg Gaming Group Inc has an analyst consensus of Moderate Buy, with a price target consensus of C$6.25, which is a 180.27% upside from current levels. In a report released on February 23, Haywood also reiterated a Buy rating on the stock with a C$5.50 price target.

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Based on Bragg Gaming Group Inc’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of C$26.8 million and a GAAP net loss of C$2.31 million. In comparison, last year the company earned a revenue of C$26.17 million and had a GAAP net loss of C$165 thousand

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