J.P. Morgan Keeps Their Hold Rating on ABACUS STORAGE KING (ASK)

J.P. Morgan analyst Richard Jones maintained a Hold rating on ABACUS STORAGE KING on May 22 and set a price target of A$1.60. The company’s shares closed last Friday at A$1.44.Meet Samuel – Your Personal Investing ProphetStart a conversation with TipRanks’ trusted, data-backed investment intelligence

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According to TipRanks, Jones is a 4-star analyst with an average return of 3.4% and a 57.14% success rate. Jones covers the Real Estate sector, focusing on stocks such as Vicinity Centres, Scentre Group, and Waypoint REIT Ltd..

ABACUS STORAGE KING has an analyst consensus of Hold, with a price target consensus of A$1.57, which is a 9.41% upside from current levels. In a report released on May 18, Citi also maintained a Hold rating on the stock with a A$1.60 price target.

Based on ABACUS STORAGE KING’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of A$122.63 million and a net profit of A$71.08 million. In comparison, last year the company earned a revenue of A$118.91 million and had a net profit of A$67.81 millionDisclaimer & DisclosureReport an Issue