Macquarie
RECOMMENDATION
Outperform
TARGET PRICE
$43.00 %
TO REACH TARGET 70.30%
Appen has cut its 2020 operating income guidance on slower fourth quarter top-line growth and forex headwinds.
Macquarie's revised forecasts peg revenue growth at 28% in FY20. Operating income margin is expected to expand in 2021, although management is cautious.Macquarie retains its Outperform rating with a target price of $43.
MacquarieRECOMMENDATIONOutperformTARGET PRICE$43.00 % TO REACH...
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Last
76.5¢ |
Change
-0.015(1.92%) |
Mkt cap ! $170.5M | |||
| Open | High | Low | Value | Volume |
| 75.0¢ | 82.0¢ | 74.0¢ | $16.84M | 21.56M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10668 | 75.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 76.5¢ | 23269 | 4 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| APX (ASX) Chart |