Amaya (TSE:TSG) Rating Increased to Buy at Desjardins

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Amaya (TSE:TSG) was upgraded by Desjardins from a “hold” rating to a “buy” rating in a research report issued on Tuesday, Zacks.com reports. Desjardins also issued estimates for Amaya’s Q3 2019 earnings at $0.61 EPS, FY2019 earnings at $2.38 EPS and FY2020 earnings at $2.72 EPS.

Amaya has a 12 month low of C$15.85 and a 12 month high of C$33.80.

Amaya (TSE:TSG) last issued its quarterly earnings data on Wednesday, May 15th. The company reported C$0.50 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.58 by C($0.08). The business had revenue of C$771.66 million during the quarter, compared to analysts’ expectations of C$824.77 million.

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