Date of Data Capture:
PRAEMIUM LIMITED (PPS)
Investor Services IT
Forecast EBITDA Growth:
Consensus Price Target:
# Covering Analysts:
Discount at Current Price:
Price Target Trend (3-Month): Flat
Trend Bias: Up
Focus: Capital Growth
Set up Notes:
• Wealth Management operator PPS has been in consolidation downtrend since mid-2018, ending a huge rally from 2016 - and here we see them setting up a new potential long-term uptrend.
• Performance shows a history of strong earnings growth for years, though softer figures last year exacerbated the pullback, here we find robust forecasting for sales and margin growth out to 2022 with strong positive consensus sentiment.
• Pricing shows an exponential blow-off peak in 2018 triggering a major consolidation as the top-heavy stock pulled sharply lower, but here we have major linear resistance breaking on fresh positive momentum and looks like it could run.
($): 0.425, 0.40, 0.375 & 0.35.
($): 0.45, 0.50, 0.60, 0.85 & 1.00.