Morgan Stanley Sticks to Their Buy Rating for Corporate Travel Management Limited (CTMLF)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 10 2025
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Source: Business Insider
Analyst Rating: James Bales from Morgan Stanley maintains a Buy rating on Corporate Travel Management Limited (CTMLF) with a price target of A$15.30, while the average analyst consensus suggests a Moderate Buy rating with a $10.66 target, indicating potential upside.
Financial Performance: The company reported a quarterly revenue of $339.56 million and a net profit of $28.49 million for the quarter ending December 31, showing a decline compared to the previous year's revenue and profit figures.
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.
