Ord Minnett analyst John O’Shea maintained a Buy rating on Serko Ltd. (SERKF – Research Report) today and set a price target of A$5.19. The company’s shares closed last Friday at $4.00.
O’Shea covers the Services sector, focusing on stocks such as Corporate Travel Management Limited, Flight Centre Travel Group Limited, and Webjet Limited. According to TipRanks, O’Shea has an average return of 0.0% and a 39.22% success rate on recommended stocks.
Currently, the analyst consensus on Serko Ltd. is a Strong Buy with an average price target of $3.09.
See the top stocks recommended by analysts >>
Based on Serko Ltd.’s latest earnings release for the quarter ending March 31, the company reported a quarterly net profit of $0. In comparison, last year the company had a net profit of $0
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Serko Ltd is engaged in the provisioning of computer software solutions for corporate travel. The company’s products are Serko Online and Serko Expense which are cloud-based enterprise-grade solutions that help corporates manage their travel and expense programs. Geographically, it derives a majority of revenue from Australia and also has a presence in New Zealand, US, India, Singapore and Other. The company generates revenue from Serko Online, Serko Zeno, Serko Mobile, and Serko Expense technology platforms.
