
MA Financial Group Reaffirms Their Buy Rating on Generation Development Group Limited (5A9)
In a report released on May 8, Tom Tweedie from MA Financial Group maintained a Buy rating on Generation Development Group Limited (5A9 – Research Report), with a price target of A$5.81. The company's shares closed last Friday at €2.62.
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According to TipRanks, Tweedie is ranked #2483 out of 9472 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Generation Development Group Limited with a €3.23 average price target, which is a 23.28% upside from current levels. In a report released on April 30, Morgans also maintained a Buy rating on the stock with a A$5.25 price target.
The company has a one-year high of €3.20 and a one-year low of €1.24. Currently, Generation Development Group Limited has an average volume of 500.
Based on the recent corporate insider activity of 8 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of 5A9 in relation to earlier this year.
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