In a report released on June 19, UBS also maintained a Buy rating on the stock with a A$5.15 price target.

Based on IDP Education Ltd.’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of A$460.31 million and a net profit of A$22.74 million. In comparison, last year the company earned a revenue of A$475.35 million and had a net profit of A$59.54 million