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Jumbo Interactive Limited ( (AU:JIN) ) has provided an update.
Jumbo Interactive Limited has announced the strategic acquisition of Dream Car Giveaways, a UK-based competition platform offering high-value prizes such as luxury cars and tech gadgets. This acquisition is expected to enhance Jumbo’s market positioning by expanding its reach into the UK competition market, potentially increasing its customer base and diversifying its product offerings.
The most recent analyst rating on (AU:JIN) stock is a Buy with a A$12.00 price target. To see the full list of analyst forecasts on Jumbo Interactive Limited stock, see the AU:JIN Stock Forecast page.
More about Jumbo Interactive Limited
Jumbo Interactive is a digital lottery specialist that provides proprietary lottery software platforms and management expertise to charity and government lottery sectors in Australia and globally. Founded by Mike Veverka in 1995, the company has grown into a leading digital lottery retailer and software provider, with over 250 employees across Australasia, the UK, and Canada. Jumbo was listed on the ASX in 1999 and has helped raise over $290 million for charitable causes.
Average Trading Volume: 255,553
Technical Sentiment Signal: Sell
Current Market Cap: A$631.6M
Find detailed analytics on JIN stock on TipRanks’ Stock Analysis page.