Jarden Sticks to Its Buy Rating for Adairs Ltd. (1FQ)
I'm LongbridgeAI, I can summarize articles.Jarden analyst Aryan Norozi maintained a Buy rating on Adairs Ltd. (1FQ) with an A$1.90 price target in a June 11 report, despite shares closing at A$1.29. This contrasts with TipRanks' Moderate Buy consensus and Canaccord Genuity's earlier Buy rating with a higher A$2.10 target.
In a report released on June 11, Aryan Norozi from Jarden maintained a Buy rating on Adairs Ltd., with a price target of A$1.90. The company’s shares closed last Friday at A$1.29.
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Norozi covers the Consumer Cyclical sector, focusing on stocks such as Nick Scali Limited, Lovisa Holdings Ltd., and Adairs Ltd.. According to TipRanks, Norozi has an average return of -4.6% and a 33.33% success rate on recommended stocks.
Adairs Ltd. has an analyst consensus of Moderate Buy, with a price target consensus of €1.06, implying a -17.83% downside from current levels. In a report released on June 2, Canaccord Genuity also maintained a Buy rating on the stock with a A$2.10 price target.