From Morgans
Corporate Travel Management (CTD)
Corporate Travel Management provides innovative and cost effective solutions to the corporate travel market globally.
Reasons to buy Corporate Travel Management
We retain our Add recommendation for CTD.
- CTD is looking to leverage its technological competitive advantage into new market segments and diversify its revenue streams into B2B and B2C work.
- Improving corporate travel demand, higher airfares, the benefits of scale and a falling AUD should underpin strong double-digit earnings growth for many years to come.
- CTD is also well positioned to report strong earnings growth over the next few years from consolidating large global corporate travel markets (US is worth US$320bn, Europe is US$500bn and Asia is valued at US$650bn) and winning global tenders.
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Last
$11.80 |
Change
-0.600(4.84%) |
Mkt cap ! $1.726B | |||
| Open | High | Low | Value | Volume |
| $11.88 | $12.06 | $11.71 | $9.751M | 821.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5408 | $11.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.88 | 1928 | 2 |
View Market Depth
| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| CTD (ASX) Chart |