"Over at Morgans, its analysts see fast-fashion jewellery retailer Lovisa as a top ASX growth share to buy right now.
The broker likes the company due to its affordable offering and global expansion plans. The latter could include an entry into the China market in the near future. The broker said:
"Lovisa grew substantially in FY23 to finish the year with an 801-store network in 39 countries. We believe it plans to enter mainland China in FY24, paving the way for significant longer-term growth."
Morgans has an add rating and $27.50 price target on its shares. This implies potential upside of approximately 55% over the next 12 months from current levels."
https://www.f ool.com.au/2023/10/27/brokers-name-2-asx-growth-shares-to-buy-in-november/
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Macquarie Price Downgrade, page-52
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Last
$31.09 |
Change
0.090(0.29%) |
Mkt cap ! $3.410B | |||
| Open | High | Low | Value | Volume |
| $31.18 | $31.35 | $30.66 | $15.96M | 514.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1147 | $31.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $31.13 | 1217 | 1 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| LOV (ASX) Chart |