Morgans Sticks to Its Buy Rating for Universal Store Holdings Ltd. (UNI)

In a report released today, Emily Porter from Morgans maintained a Buy rating on Universal Store Holdings Ltd., with a price target of A$10.20.

According to TipRanks, Porter is an analyst with an average return of -2.4% and a 46.97% success rate. Porter covers the Consumer Cyclical sector, focusing on stocks such as Baby Bunting Group Ltd., Universal Store Holdings Ltd., and Skinkandy Limited.

Universal Store Holdings Ltd. has an analyst consensus of Strong Buy, with a price target consensus of A$10.29.

Based on Universal Store Holdings Ltd.’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of A$166.54 million and a GAAP net loss of A$10.04 million. In comparison, last year the company earned a revenue of A$74.88 million and had a net profit of A$5.99 million