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Macquarie Sticks to Its Buy Rating for Red 5 Limited (VAU)

Macquarie Sticks to Its Buy Rating for Red 5 Limited (VAU)

Macquarie analyst maintained a Buy rating on Red 5 Limited (VAU – Research Report) today and set a price target of A$0.57. The company's shares closed yesterday at A$0.46.
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Red 5 Limited has an analyst consensus of Strong Buy, with a price target consensus of A$0.63, a 38.46% upside from current levels. In a report released yesterday, Ord Minnett also maintained a Buy rating on the stock with a A$0.58 price target.
The company has a one-year high of A$0.50 and a one-year low of A$0.28. Currently, Red 5 Limited has an average volume of 39.24M.
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