
Macquarie Keeps Their Buy Rating on GQG Partners, Inc. Shs Chess Depository Interests Repr 1 Sh (GQG)
In a report released today, Brendan Carrig from Macquarie maintained a Buy rating on GQG Partners, Inc. Shs Chess Depository Interests Repr 1 Sh (GQG – Research Report), with a price target of A$2.90. The company's shares closed last Friday at A$2.26.
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According to TipRanks, Carrig is ranked #8263 out of 9472 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for GQG Partners, Inc. Shs Chess Depository Interests Repr 1 Sh with a A$2.89 average price target.
Based on GQG Partners, Inc. Shs Chess Depository Interests Repr 1 Sh's latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of A$363.13 million and a net profit of A$201.2 million. In comparison, last year the company earned a revenue of A$237.13 million and had a net profit of A$126.28 million
Based on the recent corporate insider activity of 39 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 GQG in relation to earlier this year.
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