06-08-2025
Credit Corp Group Limited (2RC) Receives a Buy from Morgans
Morgans analyst Scott Murdoch CFA maintained a Buy rating on Credit Corp Group Limited today and set a price target of A$21.50. The company's shares closed last Monday at €8.45.
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Murdoch CFA covers the Financial sector, focusing on stocks such as GQG Partners, Inc. Shs Chess Depository Interests Repr 1 Sh, Magellan Financial Group Ltd, and HUB24 Limited. According to TipRanks, Murdoch CFA has an average return of 9.2% and a 50.00% success rate on recommended stocks.
Currently, the analyst consensus on Credit Corp Group Limited is a Moderate Buy with an average price target of €10.96, which is a 29.70% upside from current levels. In a report released yesterday, Canaccord Genuity also maintained a Buy rating on the stock with a A$21.60 price target.
Based on Credit Corp Group Limited's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of €271.49 million and a net profit of €44.14 million. In comparison, last year the company earned a revenue of €252.21 million and had a GAAP net loss of €12.13 million
