A new report from Canaccord on Mayfield titled 'Starting to grow up' has a BUY rating and a $1.40 price target for the Company's shares.
Canaccord points to Mayfield's well positioned portfolio, slower trade-up growth strategy, experienced management team, strong forecast and relative multiple undervaluation to its peers (of roughly 50%) as reasons for the strong target price.
Can't say I disagree...!
Canaccord set $1.40 price target for MFD
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Last
66.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $43.43M | |||
| Open | High | Low | Value | Volume |
| 67.0¢ | 67.0¢ | 66.5¢ | $6.694K | 10K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19060 | 66.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 68.0¢ | 21997 | 1 |
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| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| MFD (ASX) Chart |