Morgans Stocking broking report out this morning: Slight beat on earnings with Adair's demonstrating that it is able to withstand pressures in the housing market downturn, is doing well with its Omni channel strategy and seems to be winning market share. Price target upped slightly to $2.25 from $2.20 previously. Also said it was on a discounted P/E compared to peers because of its linkage to the housing market.
Ann: ADH 1H FY2019 Results Announcement, page-46
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$1.74 |
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Mkt cap ! $303.0M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 1 | 10315 | $1.74 |
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