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Jumbo Interactive Limited ( (AU:JIN) ) just unveiled an update.
Jumbo Interactive Limited has announced the strategic acquisition of Dream Giveaway, a company known for its promotional campaigns in the automotive sector that support charitable fundraising. This acquisition is expected to enhance Jumbo’s market positioning in the digital lottery and charity sectors, potentially increasing its reach and impact in non-profit fundraising through expanded promotional capabilities.
The most recent analyst rating on (AU:JIN) stock is a Hold with a A$13.50 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 providing proprietary lottery software platforms and management expertise to the charity and government lottery sectors globally. Founded in 1995, it has grown into a leading digital lottery retailer and software provider, with operations in Australasia, the UK, and Canada, helping raise significant funds for charitable causes.
Average Trading Volume: 292,393
Technical Sentiment Signal: Buy
Current Market Cap: A$808.5M
See more insights into JIN stock on TipRanks’ Stock Analysis page.