MFD mayfield childcare limited
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Canaccord set $1.40 price target for MFD

  1. Saluna
    154 Posts.
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    12/07/19
    09:50
    Post #: 39488977

    A new report from Canaccord on Mayfield titled 'Starting to grow up' has a BUY rating and a $1.40 price target for the Company's shares.


    Canaccord points to Mayfield's well positioned portfolio, slower trade-up growth strategy, experienced management team, strong forecast and relative multiple undervaluation to its peers (of roughly 50%) as reasons for the strong target price.


    Can't say I disagree...!

    Last edited by Saluna: formatting 12/07/19
    MFD Price at posting: 95.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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39.0¢ 		Change
0.000(0.00%) 		Mkt cap ! $29.41M
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38.5¢ 7700 1
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