Roth Capital Assumes Inspired Entertainment Inc (INSE) at Buy

Roth Capital analyst Edward Engel assumes coverage on Inspired Entertainment Inc (NASDAQ: INSE) with a Buy rating and a price target of $18.00.

The analyst comments "We transfer coverage and re-establish estimates for INSE with a Buy rating and $18 PT. Inspired is an Omni-channel content creator for the gaming industry, developing casino games across online and retail channels. ~50% of EBITDA is already attributable to digital segments, which offers a higher growth/margin profile than its legacy retail business. As this mix shift continues to accelerate INSE's overall earnings growth, we see its valuation expanding towards higher multiple B2B iGaming peers."

For an analyst ratings summary and ratings history on Inspired Entertainment Inc click here. For more ratings news on Inspired Entertainment Inc click here.

Shares of Inspired Entertainment Inc closed at $11.48 yesterday.

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