Here are some brokers SP estimations released after the recent takeover revelations:
'Based on Morningstar’s fair value of $3.11 the stock appears to be undervalued.Based on the five brokers that cover Tyro (as reported on by FN Arena) the stock is currently trading with 6.2% upside to the target price of $1.67.
Following a 1Q update announcing a new cost-out plan and raising FY23 earnings (EBITDA) guidance by around 19%, Morgans raises its target to $1.99 from $1.70, and retains an Add rating.
Given macro conditions and potential for competition to intensify, Macquarie remains cautious on Tyro and retains a Neutral rating with the target price increasing to $1.50 from $1.20.'
News: TYR Westpac taps JP Morgan for Tyro Payments takeover - media, page-40
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Last
88.5¢ |
Change
-0.010(1.12%) |
Mkt cap ! $466.0M | |||
| Open | High | Low | Value | Volume |
| 89.0¢ | 89.3¢ | 87.5¢ | $717.6K | 813.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 36131 | 88.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 88.5¢ | 29567 | 16 |
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| Last trade - 11.47am 04/10/2024 (20 minute delay) ? |
| TYR (ASX) Chart |