Megaport (MGPPF)

Jefferies analyst Roger Samuel maintained a Buy rating on Megaport on August 21 and set a price target of A$26.00. The company’s shares closed last Thursday at $9.93, close to its 52-week high of $10.20.

According to TipRanks.com, Samuel is ranked #5902 out of 12498 analysts.

Megaport has an analyst consensus of Strong Buy, with a price target consensus of $18.05, implying a 51.6% upside from current levels. In a report issued on August 20, Morgan Stanley also upgraded the stock to Buy with a A$25.00 price target.

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