ALL – UBS rates the stock as Buy

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Data suggest Aristocrat achieved 23% US ship-share in the Sep Q, up from 20% and in line with UBS forecasts.

Customers expect to allocate 28% of forward purchases to Aristocrat, ahead of the broker’s 24% forecast and a new record, reinforcing the broker’s view the company is enjoying a step-change on the back of a broader offering.

Buy and $34.10 target retained.

Sector: Consumer Services.

Target price is $34.10.Current Price is $31.62. Difference: $2.48 – (brackets indicate current price is over target). If ALL meets the UBS target it will return approximately 7% (excluding dividends, fees and charges – negative figures indicate an expected loss).

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