I just got this...Thu, 5 Aug at 9:31 am
Thursday, 5 August 2021
LNK - LINK ADMINISTRATION HOLDINGS LIMITED
Credit Suisse rates LNK as Upgrade to Outperform from Neutral (1) - Link Administration, ex PEXA, is assessed is assessed to be trading at around $2.50 a share. Hence, Credit Suisse believes value has emerged and raises the target to $5.55 from $5.40, while upgrading to Outperform from Neutral.
Not only is there better value, the broker also believes tailwinds are emerging and there are several areas of potential upside. Catalysts could include a buyback announcement at the results and a stronger-than-expected outlook.
Target price is $5.55 Current Price is $4.91 Difference: $0.64 If LNK meets the Credit Suisse target it will return approximately 13% (excluding dividends, fees and charges). Current consensus price target is $5.63, suggesting upside of 14.7%(ex-dividends)The company's fiscal year ends in June.
Forecast for FY21:
Credit Suisse forecasts a full year FY21 dividend of 10.00 cents and EPS of 21.75 cents . At the last closing share price the estimated dividend yield is 2.04%. At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is 22.57. How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 22.0, implying annual growth of N/A. Current consensus DPS estimate is 10.4, implying a prospective dividend yield of 2.1%. Current consensus EPS estimate suggests the PER is 22.3.
Forecast for FY22:
Credit Suisse forecasts a full year FY22 dividend of 11.35 cents and EPS of 24.64 cents . At the last closing share price the estimated dividend yield is 2.31%. At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is 19.93. How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 26.1, implying annual growth of 18.6%. Current consensus DPS estimate is 13.4, implying a prospective dividend yield of 2.7%. Current consensus EPS estimate suggests the PER is 18.8.
Market Sentiment: 0.8All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
