SB1 Markets maintains its Buy rating on gaming company MTG and raises its price target to SEK 160 from 153.
Ahead of Q3, the research house expects 1.2 percent organic growth and an adjusted EBITDA margin of 23.1 percent.
The EBITDA forecast of SEK 692 million is 2 percent above consensus.
SB1 sees room for an increased full-year forecast and considers the valuation attractive, supported by expected growth in free cash flow and a possible sale of a minority stake in Playsimple.
