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Austin Engineering (AUSTF) Gets a Buy from Shaw and Partners

Austin Engineering (AUSTF) Gets a Buy from Shaw and Partners

Shaw and Partners analyst Philip Pepe maintained a Buy rating on Austin Engineering (AUSTF – Research Report) today and set a price target of A$0.60. The company's shares closed today at $0.25.
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According to TipRanks, Pepe is an analyst with an average return of -0.6% and a 41.94% success rate. Pepe covers the Industrials sector, focusing on stocks such as Acrow Formwork and Construction Services Limited, Austin Engineering , and Lindsay Australia Limited.
Austin Engineering has an analyst consensus of Moderate Buy, with a price target consensus of $0.46.
Based on Austin Engineering 's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $171.46 million and a net profit of $10.02 million. In comparison, last year the company earned a revenue of $143.57 million and had a net profit of $12.22 million
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