Shah covers the Industrials sector, focusing on stocks such as Qantas Airways Limited, Brambles , and Infratil Limited. According to TipRanks, Shah has an average return of 4.6% and a 52.63% success rate on recommended stocks.
In addition to Goldman Sachs, Infratil Limited also received a Buy from Jefferies’s Roger Samuel in a report issued on June 8. However, on June 11, RBC Capital maintained a Hold rating on Infratil Limited (Other OTC: IFUUF).
Based on Infratil Limited’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of N$1.57 billion and a GAAP net loss of N$55.9 million. In comparison, last year the company earned a revenue of N$2.03 billion and had a GAAP net loss of N$74.1 million
Based on the recent corporate insider activity of 15 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of IFUUF in relation to earlier this year.
