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$2.10 nearmap ltd

Interesting, less than a month ago they were referring to Morgan...

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sk22

474 Posts.

15/02/18

15:05

Post #: 31081183
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Originally posted by birdman29 ↑

February 15, 2018

The Nearmap Ltd (ASX: NEA) share price touched on a new 52-week high of 84 cents during trade on Wednesday. The aerial imagery company’s shares have been on a tear since the release of its preliminary half-year results in the middle of January revealed a 31.2% increase in annualised contract value compared to the prior corresponding period. Whilst I have been impressed with Nearmap’s growth, I think its shares are fully valued now and would suggest investors wait for a pull back before considering an investment.

https://www.********.au/2018/02/15/3-asx-shares-at-52-week-highs-is-it-too-late-to-invest-3/

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Interesting, less than a month ago they were referring to Morgan Stanley's price target of $1.30.

https://www.********.au/2018/01/31/why-shares-of-nearmap-ltd-are-up-over-3-today/

For some reason I feel Morgan Stanley may have a better way of getting a realistic target price than the fools articles which usually simply tries to jump on whatever bandwagon they see in motion.

NEA Price at posting: 82.5¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

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