RDF redflex holdings limited
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Thompson-Reuters just updated “consensus” earnings. SP target...

  1. SimonGr
    3,456 Posts.
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    02/09/19
    11:21
    Post #: 40274539
    Thompson-Reuters just updated “consensus” earnings. SP target now 70c ... be aware tho that this “consensus” only involved one analyst!

    The analyst is forecasting revenue to decrease in FY20 (Texas contract loss not offset by new revenue from contract wins until later in year). Forecasting NOPAT to be slightly in the black tho.

    Anyway - whoever he/she is, they’re exactly in the middle of the 60-80c range I posted above ... so I reckon they’re about on the money!
    RDF Price at posting: 35.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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