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In a report released on October 23, Philip Pepe from Shaw and Partners maintained a Buy rating on Helloworld Travel Ltd, with a price target of A$2.75. The company’s shares closed last Friday at €1.04. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Pepe covers the Industrials sector, focusing on stocks such as Southern Cross Electrical Engineering Limited, SRG Global Limited, and IPD Group Ltd. According to TipRanks, Pepe has an average return of 3.4% and a 47.22% success rate on recommended stocks. Helloworld Travel Ltd has an analyst consensus of Strong Buy, with a price target consensus of €1.33, implying a 27.88% upside from current levels. In a report released on October 23, J.P. Morgan also maintained a Buy rating on the stock with a A$2.20 price target. Based on Helloworld Travel Ltd’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of €86.27 million and a net profit of €17.86 million. In comparison, last year the company earned a revenue of €108.7 million and had a net profit of €14.59 million
