Morgans analyst Jared Gelsomino maintained a Buy rating on LGI LTD today and set a price target of A$3.10.TipRanks Welcomes a New ETF – NYSE:RANK TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE. RANK tracks the performance of the TipRanks US Momentum Analysts Index, a rules-based index of 50 large U.S. companies.
According to TipRanks, Gelsomino is an analyst with an average return of -8.2% and a 27.66% success rate. Gelsomino covers the Consumer Cyclical sector, focusing on stocks such as Peter Warren Automotive Holdings Ltd, Eagers Automotive Limited, and Super Retail Group Limited.
Currently, the analyst consensus on LGI LTD is a Moderate Buy with an average price target of A$4.40.
Based on LGI LTD’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of A$6.38 million and a net profit of A$3.08 million. In comparison, last year the company earned a revenue of A$16.91 million and had a net profit of A$2.4 million
