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Credit Corp Group Limited

( ASX:CCP ) - Diversified Financials

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Analyst Views

CCP – Morgans rates the stock as Add

FY19 results were in line with expectations. Net profit guidance of $75-77m is below Morgans’ original forecasts but appears conservative. The broker expects FY20 will benefit from earnings uplift in the US and an increase of 16% in the consumer lending book as well as significantly lower debt.

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