Betfair Group PLC (LSE: BET)

betfairAt about its one-year low price, Betfair Group PLC is a buy. However, share price needs to gain soon, or a further drop to £8.80 or even £8.00 is on the cards.

A young company, 6 to 7 years, Betfair is still developing with the costs associated. Recently lowered in target price by brokers to £10.50 it has overshot that now at about £9.70.

I would keep any investment light.

Published by Day Trader

I flew fast jets for 30 years of my life. I've traded full-time, more or less, for the last ten years, initially from fundamentals and over the last few years as a dedicated day trader. I live on the North Norfolk coast.

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