Ord Minnett Reaffirms Their Buy Rating on Qoria (FMZNF)
Ord Minnett analyst Milo Ferris maintained a Buy rating on Qoria (FMZNF – Research Report) today and set a price target of A$0.56. The company's shares closed last Friday at $0.19.
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According to TipRanks, Ferris is an analyst with an average return of -12.7% and a 35.71% success rate. Ferris covers the Technology sector, focusing on stocks such as Qoria, Technology One Limited, and ReadyTech Holdings Ltd..
Currently, the analyst consensus on Qoria is a Moderate Buy with an average price target of $0.40.
Based on Qoria's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $55.4 million and a GAAP net loss of $11.49 million. In comparison, last year the company earned a revenue of $48.48 million and had a GAAP net loss of $32.78 million
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