UBS analyst Timothy Piper maintained a Hold rating on Redbubble Ltd. (RDBBF – Research Report) today and set a price target of A$0.55. The company’s shares closed last Friday at $0.34.
Piper covers the Consumer Goods sector, focusing on stocks such as G.U.D. Holdings, Redbubble Ltd., and Kogan.com Ltd.. According to TipRanks, Piper has an average return of -1.1% and a 36.67% success rate on recommended stocks.
Currently, the analyst consensus on Redbubble Ltd. is a Hold with an average price target of $0.48.
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Based on Redbubble Ltd.’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $0. In comparison, last year the company had a net profit of $0
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Redbubble Ltd. engages in the development and provision of online marketplace, where artists upload their designs and creative works. It offers apparel, accessories, house ware, calendars, canvass prints, drawstring bags, duvet covers, framed prints, greeting cards, hardcover journals, laptop sleeves, photographic prints, posters, studio pouches, scarves, spiral notebooks, stickers, throw pillows, and bags designed by artists. The company was founded by Martin Hosking, Paul Vanzella and Peter Styles on April 10, 2006 and is headquartered in Melbourne, Australia.
