a day ago
Bell Potter downgrades Cettire Ltd. (CTT) to a Sell
Cettire Ltd. (CTT – Research Report) received a Sell rating and a A$0.28 price target from Bell Potter analyst Chami Ratnapala today. The company's shares closed yesterday at A$0.41.
Confident Investing Starts Here:
Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
According to TipRanks, Ratnapala is a 4-star analyst with an average return of 11.7% and a 51.02% success rate. Ratnapala covers the Consumer Cyclical sector, focusing on stocks such as JB Hi-Fi Limited, Cettire Ltd., and Premier Investments Limited.
Cettire Ltd. has an analyst consensus of Moderate Sell, with a price target consensus of A$0.49.
Based on Cettire Ltd.'s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of A$393.98 million and a net profit of A$4.75 million. In comparison, last year the company earned a revenue of A$354.26 million and had a net profit of A$12.81 million
