What is your opinion on Jumbo Interactive as a long term buy?

Hi Paul what is your opinion on Jumbo Interactive as a long term buy?

A: It wouldn’t be a core stock in my portfolio ( I just don’t really like the industry). According to the brokers, a little overvalued. Consensus target price is $14.73, about 4.2% lower than the last ASX price. Trading on a multiple of 32.7 times forecast FY21 earnings, 27.8 times forecast FY22 earnings.


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