Goldman Sachs Remains a Buy on Qube Holdings (1K1)
In a report released on May 1, Niraj Shah from Goldman Sachs maintained a Buy rating on Qube Holdings (1K1 – Research Report), with a price target of A$4.65. The company's shares closed last Friday at €2.28.
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Shah covers the Industrials sector, focusing on stocks such as Brambles , Reece Limited, and Reliance Worldwide Corp.. According to TipRanks, Shah has an average return of 1.9% and a 44.14% success rate on recommended stocks.
In addition to Goldman Sachs, Qube Holdings also received a Buy from Ord Minnett's Ian Munro in a report issued today. However, on the same day, UBS maintained a Hold rating on Qube Holdings (Frankfurt: 1K1).
1K1 market cap is currently €4.13B and has a P/E ratio of 29.65.
Based on the recent corporate insider activity of 9 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 1K1 in relation to earlier this year.
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