According to UBS, childcare centre operator G8 Education Ltd (ASX: GEM) should be on your buy list this week. UBS has slapped a buy rating on the stock citing its recent share price slump is due to a growth in industry supply for 2018 coming up against a drop in demand, but the broker says the response is “overdone”. G8 Education shares have dropped down 49.5% from December 2017 highs of $4.42 to today’s price of $2.23. The UBS broker has revised forecasts for softer occupancy in FY18 and lowered its target price on the stock from $3.95 to $2.75, but has maintained a buy rating on G8, which certainly gives investors stalking the stock something to think about. Good ole Motley Fool, if you don't believe them then who could you believe certainly not a lot of the posters who continuously put up crap
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Last
$1.37 |
Change
-0.010(0.72%) |
Mkt cap ! $1.109B |
Open | High | Low | Value | Volume |
$1.38 | $1.39 | $1.36 | $1.167M | 850.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 12497 | $1.37 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.38 | 10245 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 12497 | 1.370 |
2 | 16702 | 1.365 |
6 | 62262 | 1.360 |
1 | 4431 | 1.355 |
3 | 14134 | 1.350 |
Price($) | Vol. | No. |
---|---|---|
1.375 | 10245 | 2 |
1.380 | 25270 | 3 |
1.385 | 24340 | 3 |
1.390 | 17265 | 4 |
1.395 | 4204 | 1 |
Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
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GEM (ASX) Chart |