Bell Potter Reaffirms Their Buy Rating on Elders Limited (FTZ)
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Snape covers the Consumer Defensive sector, focusing on stocks such as Elders Limited, Select Harvests, and Bega Cheese Limited. According to TipRanks, Snape has an average return of -6.5% and a 31.01% success rate on recommended stocks.
In addition to Bell Potter, Elders Limited also received a Buy from Citi's William Park CPA in a report issued on May 27. However, on May 26, Jefferies maintained a Hold rating on Elders Limited (Frankfurt: FTZ).
FTZ market cap is currently €671.6M and has a P/E ratio of 14.40.
Based on the recent corporate insider activity of 11 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of FTZ in relation to earlier this year.
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