My lips are sealed

??

August 25, 2019
From the MF

Nearmap Ltd(ASX: NEA)

Analysts at Citi have retained their buy rating and increased the price target on this aerial imagery technology and location data company’s shares to $4.59 following the release of its full year results. According to the note, as with IDP Education, this broker believes that Nearmap’s recent share price weakness is a buying opportunity for investors. It feels that the company is well-positioned for strong growth over the medium term due largely to its massive opportunity in the North American market. I think Citi is spot on and feel that Nearmap’s shares are great value at the current level.