CHL – Morgans rates the stock as Add
Morgans initiates coverage on Camplify Holdings with an Add recommendation, and notes shares are trading at an around -40% discount to the broker’s target price of $1.88.
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Camplify Holdings Limited
Camplify Holdings Limited (ASX code: CHL) is one of Australia’s leading peer-to-peer digital marketplace platforms connecting recreational vehicle (RV) Owners to Hirers.
Camplify has built a platform that delivers a seamless and transparent experience for consumers and potential RV Hirers to connect with RV Owners and SMEs with a fleet of RVs. Having successfully grown its community in Australia, Camplify has expanded its operations into the United Kingdom, New Zealand and Spain.
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