NEA
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0.00% $2.10 nearmap ltd

Bells

  1. rmp6868
    85 Posts.
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    11/11/14
    13:47
    Post #: 14269665
    Sent out note to clients today starting coverage on NEA and price target 90cents. Probably explains recent price spike.

    "Investment view: Initiate with BUY, PT $0.90. We initiate coverage of nearmap with a BUY rating and a 12 month price target of $0.90.  The price target is generated from a blend of three valuation methodologies we apply to the company: PE ratio, EV/EBITDA and DCF.
    NEA Price at posting: 73.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 13  Upvote
    lightbulb Created with Sketch.  Great analysis
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