Ord Minnett analyst Nicolas Burgess maintained a Buy rating on Generation Development Group Limited (5A9 - Research Report) today and set a price target of A$5.80. The company's shares closed last Friday at €2.84.
Generation Development Group Limited has an analyst consensus of Strong Buy, with a price target consensus of €3.25, a 14.44% upside from current levels. In a report released on February 28, Morgan Stanley also reiterated a Buy rating on the stock with a A$6.30 price target.
Based on Generation Development Group Limited's latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of €90.54 million and a net profit of €1.46 million. In comparison, last year the company earned a revenue of €43.08 million and had a net profit of €194.01 million
Based on the recent corporate insider activity of 7 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 5A9 in relation to earlier this year.