UBS Keeps Their Hold Rating on G8 Education Limited (GEM)


UBS Keeps Their Hold Rating on G8 Education Limited (GEM)

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Plumbe covers the Consumer Cyclical sector, focusing on stocks such as Collins Foods , IDP Education Ltd., and Corporate Travel Management Limited. According to TipRanks, Plumbe has an average return of 0.7% and a 44.12% success rate on recommended stocks.

The word on The Street in general, suggests a Hold analyst consensus rating for G8 Education Limited with a A$1.03 average price target, a 22.62% upside from current levels. In a report released yesterday, Canaccord Genuity also downgraded the stock to a Hold with a A$1.06 price target.

Based on G8 Education Limited's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of A$534.88 million and a net profit of A$47.66 million. In comparison, last year the company earned a revenue of A$528.1 million and had a net profit of A$41.06 million

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