The Lottery Corporation's (ASX:TLC) first strategy day as a standalone firm showed a more evolutionary and lower-risk strategy, focusing on its strengths and capabilities, Jarden Research said in a note on Thursday.
The investment and advisory group suggests that the company's greatest valuation opportunities lie in renewing, extending, and retaining its Victorian license, reviewing international expansion, and optimizing its game franchise.
Jarden believes the company can leverage digital customer experience benefits in localized retail channels, the note said.
Jarden maintains a neutral rating and a 12-month target price of AU$5.10 on The Lottery Corporation.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.