Canaccord Genuity Keeps Their Buy Rating on Kingsgate Consolidated Limited (KSKGF)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 03 2025
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Source: Business Insider
Analyst Rating and Price Target: Tom Prendiville from Canaccord Genuity has maintained a Buy rating on Kingsgate Consolidated Limited (KSKGF) with a price target of A$3.35, while the company's shares closed at $0.77.
Financial Performance: Kingsgate reported quarterly revenue of $74.61 million and a net profit of $216.48 million for the quarter ending June 30, significantly up from last year's revenue of $27.34 million and net profit of $33.53 million.
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.
