LOGIN JOIN SHARECAFE SIGN UP FOR OUR NEWSLETTER ADVERTISE
share cafe logo  
 
SHARECAFE COMMENTARY

IEL - Morgan Stanley rates the stock as Overweight
BY BROKER NEWS - 19/01/2018 | VIEW MORE BROKER UPDATES

Get More Commentary, Discussion & Market Information On -

IEL - IDP EDUCATION LIMITED


Morgan Stanley expects the the company to deliver a strong first half, with earnings certainty underpinned by strong student visa data. IDP continues to be the broker's preference, notwithstanding it is trading on a higher multiple because of a faster growth trajectory versus Navitas ((NVT)).

Morgan Stanley lifts the price target to $6.40 from $5.85 and maintains an Overweight rating. Industry view is In-Line.

Sector: Consumer Services.

Target price is $6.40.Current Price is $6.25. Difference: $0.15 - (brackets indicate current price is over target). If IEL meets the Morgan Stanley target it will return approximately 2% (excluding dividends, fees and charges - negative figures indicate an expected loss).



View More Broker Updates

FN Arena is building the future of financial news reporting at www.fnarena.com. Our daily news reports can be trialed at no cost and with no obligations. Simply sign up & get a feel for what we are trying to achieve.




The content of this information does in no way reflect the opinions of FN Arena, or of its journalists. In fact we don't have any opinion about the stock market, its value, future direction or individual shares. FN Arena solely reports about what the main experts in the market note, believe and comment on. By doing so we believe we provide intelligent investors with a valuable tool that helps them in making up their own minds, reading market trends and getting a feel for what is happening beneath the surface. This document is provided for informational purposes only. It does not constitute an offer to sell or a solicitation to buy any security or other financial instrument. FN Arena employs very experienced journalists who base their work on information believed to be reliable and accurate, though no guarantee is given that the daily report is accurate or complete. Investors should contact their personal adviser before making any investment decision.

 

RECENTLY ADDED TO SHARECAFE


 › Marcus Today End Of Day Report
 › Friday At The Close
 › Beats and Misses
 › Bitcoin No Replacement For Gold
 › Is The Bear Out Of Hibernation?
 › Warren Buffett's Latest Portfolio Reshuffle
 › Australian's Love Affair With Debt - How Big Is The Risk?
 › Market At Midday On Friday
 › Not One, Not Two, But Three For Dacian As First Gold Production Looms
 › Next Week At A Glance
 › Overnight: The Big 'V'
 › Amazon Disruption Continues
 › What Lies Ahead For The Big Bank Stocks?
 › Is Solomon Lew Gaslighting The Aussie Market?
More ShareCafe   

GET THE SHARECAFE BREAKFAST BRIEFING


Delivered free to your inbox before the market opens each trading day. Sign up below +

SHARECAFE VIDEO


View More Videos