Goldman Sachs has a $9 price target on IPH, after what they saw as a profit "beat" this year.
Goldman thinks their next move which will impact price is an acquisition.
They seem to be doing the right thing - although it appears that QIP is growing faster than them in Australia, which is their largest market.
Commsec shows them with a PE of around 31 (after all, they have the largest market share in Australia) , while QIP sits on a PE of a little over 12.
Looks fully valued to me - makes me think QIP which is smaller equivalent market player may be a better investment.
Other thoughts?
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 (20min delay)
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Last
$5.24 |
Change
0.040(0.77%) |
Mkt cap ! $1.365B | |||
| Open | High | Low | Value | Volume |
| $5.23 | $5.27 | $5.20 | $3.570M | 682.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $5.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.25 | 13178 | 5 |
View Market Depth
| Last trade - 16.16pm 28/07/2025 (20 minute delay) ? |
| IPH (ASX) Chart |