G8 included in Canaccord top Australian stock picks for September quarter. Given 12 month target of $4.94: http://www.codan.com.au/DesktopModules/Orizonti_NukeNews/getLink.aspx?pid=0&tid=-1&newsid=833
"G8 Education (GEM-ASX) – GEM is the largest operator of childcare and learning centres in Australia operating over 450 centres. The company trades on attractive metrics despite its strong track record of growth - 5 year (2010-2015) EPS CAGR of 36.7%. We are forecasting EPS growth of 24.2% in FY16 and 10.3% in FY17 driven by a combination of organic and acquisitions growth. With a fragmented market offering further acquisition growth and regulatory tailwinds we see further growth ahead."
GEM Price at posting:
$3.91 Sentiment: Hold Disclosure: Held
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