BUZZ-Australia's Universal Store Holdings gains; Bell Potter lifts PT

Reuters
2024-11-01

** Shares of Australia's Universal Store Holdings rise as much as 1.7% to A$8

** Analysts at Bell Potter raise PT on the retailer to A$8.85 from A$7.80; keep rating at "buy"

** Brokerage sees 10.5% growth in comparable sales for 1H and 6.8% for 2H for co's Universal Store brand

** Also increases new store assumptions to 13 net adds for FY25

** Bell Potter positive on co's store roll-out & brand growth strategy, margin expansion via private label product penetration and strong earnings trajectory

** Stock had risen 85.4% this year, as of last close

(Reporting by Rishav Chatterjee in Bengaluru)

((Rishav.Chatterjee@thomsonreuters.com;))

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10