Bell Potter Sticks to Their Buy Rating for Develop Global Limited (VTEXF)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 03 2025
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Source: Business Insider
Analyst Ratings: Bell Potter analyst Joseph House has maintained a Buy rating on Develop Global Limited with a price target of A$4.00, while the stock currently trades at $1.45. The consensus among analysts is a Moderate Buy with a price target of $2.74, indicating significant upside potential.
Company Performance: Develop Global Limited has shown positive financial indicators, including a one-year high of $2.25 and a low of $0.88, alongside recent reports of positive cash flow and advancements in their Woodlawn Copper-Zinc Mine project.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
