UBS Reaffirms Their Buy Rating on GQG Partners, Inc. Shs Chess Depository Interests Repr 1 Sh (GQG)
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Patel CFA covers the Financial sector, focusing on stocks such as Magellan Financial Group Ltd, Insignia Financial Ltd, and Pinnacle Investment Management Group Limited. According to TipRanks, Patel CFA has an average return of 13.8% and a 66.67% success rate on recommended stocks.
GQG Partners, Inc. Shs Chess Depository Interests Repr 1 Sh has an analyst consensus of Strong Buy, with a price target consensus of A$2.94, representing a 31.25% upside. In a report released on June 22, RBC Capital also initiated coverage with a Buy rating on the stock with a A$2.90 price target.
Based on GQG Partners, Inc. Shs Chess Depository Interests Repr 1 Sh's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of A$379.72 million and a net profit of A$230.36 million. In comparison, last year the company earned a revenue of A$280.46 million and had a net profit of A$149.37 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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