In a report released today, Suraj Nebhani from Citi maintained a Buy rating on Infratil Limited, with a price target of A$15.18.
According to TipRanks, Nebhani is an analyst with an average return of -1.8% and a 47.60% success rate. Nebhani covers the Real Estate sector, focusing on stocks such as Stockland, Charter Hall Group, and Mirvac Group.
Infratil Limited has an analyst consensus of Strong Buy, with a price target consensus of A$14.13.
Based on Infratil Limited’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of N$1.57 billion and a GAAP net loss of N$55.9 million. In comparison, last year the company earned a revenue of N$2.03 billion and had a GAAP net loss of N$74.1 million
Based on the recent corporate insider activity of 19 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of IFUUF in relation to earlier this year.
