Top Dog - Macquarie Equity Research have initiated coverage on Greencross (GXL) with an Outperform rating
Livewire Equities
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Top Dog - Macquarie Equity Research have initiated coverage on Greencross (GXL) with an Outperform rating. We initiate on Greencross with an Outperform recommendation and $8.50 price target. The merger of Greencross and Mammoth has created Australia's largest integrated consumer-facing pet retail and vet services pet care company. We have 20%+ EBITDA growth forecast in FY15/6. The stock has run hard, multiples are demanding and there is little margin for earnings disappointment.
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The Livewire Equities feed brings you a range of insights that relate to Australian equities
Livewire Equities
Livewire
The Livewire Equities feed brings you a range of insights that relate to Australian equities
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Livewire Equities
Livewire
The Livewire Equities feed brings you a range of insights that relate to Australian equities
Expertise
No areas of expertise
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