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Jefferies Sticks to Its Hold Rating for Wisetech Global Ltd. (WTCHF)
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Jefferies Sticks to Its Hold Rating for Wisetech Global Ltd. (WTCHF)

Jefferies analyst Roger Samuel maintained a Hold rating on Wisetech Global Ltd. (WTCHFResearch Report) yesterday and set a price target of A$84.34. The company’s shares closed last Thursday at $49.81.

According to TipRanks, Samuel is a 3-star analyst with an average return of 11.9% and a 57.14% success rate. Samuel covers the Technology sector, focusing on stocks such as Megaport Ltd., Altium, and Wisetech Global Ltd..

In addition to Jefferies, Wisetech Global Ltd. also received a Hold from J.P. Morgan’s Bob Chen CFA in a report issued on February 22. However, on the same day, Morgan Stanley maintained a Buy rating on Wisetech Global Ltd. (Other OTC: WTCHF).

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WTCHF market cap is currently $19.05B and has a P/E ratio of 129.46.

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Wisetech Global Ltd. (WTCHF) Company Description:

Wisetech Global Ltd. engages in the provision of software solutions to the logistics industry globally. The firm develops, sell, and implement software solutions that enable logistics service providers to facilitate the movement and storage of goods and information, domestically and internationally. Its software solutions include CargoWise One and Borderwise. The company was founded by Maree McDonald Isaacs and Richard John White on August 2, 1994 and is headquartered in Sydney, Australia.

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