Citi Sticks to Their Buy Rating for Nextdc Limited (NXDCF)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 22 2025
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Source: Business Insider
Analyst Ratings: Siraj Ahmed from Citi has maintained a Buy rating on Nextdc Limited (NXDCF) with a price target of A$20.00, while the analyst consensus is a Strong Buy with an average target of $12.67, indicating a potential upside of 25.94%.
Company Overview: Nextdc Limited is an Australian technology company specializing in data center outsourcing solutions and connectivity services, primarily generating revenue from its operations in Victoria.
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.
