In a report released today, Ailsa Lei from UBS maintained a Hold rating on Nine Entertainment Co. Holdings Limited, with a price target of A$0.94.
Lei covers the Communication Services sector, focusing on stocks such as Nine Entertainment Co. Holdings Limited, News Corporation Shs B Chess Depository Interests repr 1 Sh, and Southern Cross Media Group Limited. According to TipRanks, Lei has an average return of 7.9% and a 77.78% success rate on recommended stocks.
Currently, the analyst consensus on Nine Entertainment Co. Holdings Limited is a Strong Buy with an average price target of A$1.19.
Based on Nine Entertainment Co. Holdings Limited’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of A$1.05 billion and a GAAP net loss of A$19.97 million. In comparison, last year the company earned a revenue of A$1.4 billion and had a net profit of A$79.45 million
