
Morgan Stanley Remains a Buy on Collins Foods (CLLFF)
In a report released today, James Bales from Morgan Stanley maintained a Buy rating on Collins Foods (CLLFF – Research Report), with a price target of A$11.60. The company's shares closed last Thursday at $6.00.
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According to TipRanks, Bales is an analyst with an average return of -2.2% and a 39.70% success rate. Bales covers the Consumer Cyclical sector, focusing on stocks such as Corporate Travel Management Limited, Flight Centre Travel Group Limited, and WEB Travel Group.
Collins Foods has an analyst consensus of Strong Buy, with a price target consensus of $6.27, a 4.50% upside from current levels. In a report released on June 25, Canaccord Genuity also upgraded the stock to a Buy with a A$9.65 price target.

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