ORD MINNETT is very bullish
abstract from the brokerBaby Bunting Group's first-half result was ahead of Ord Minnett's expectations led by strong sales growth and margin expansion. The near-term outlook appears positive although the broker expects sales to moderate throughout the second half.
The group retains a number of key attractions including organic sales growth opportunities from its existing store network, increased online sales penetration and add-on services.
In the longer term, a strong pipeline of new stores should continue to support double-digit sales and profit growth, suggests Ord Minnett.
Baby Bunting is rated as Buy with a $6.50 price target.
ORD MINNETT is very bullishabstract from the brokerBaby Bunting...
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Last
$1.79 |
Change
0.020(1.13%) |
Mkt cap ! $241.4M | |||
| Open | High | Low | Value | Volume |
| $1.82 | $1.85 | $1.77 | $483.0K | 267.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1370 | $1.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.85 | 6000 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$1.85 |
Change
0.020 ( 4.07 %) |
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| Open | High | Low | Volume | ||
| $1.82 | $1.85 | $1.78 | 16174 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| BBN (ASX) Chart |