JMP Securities analyst Nicholas Jones CFA maintained a Buy rating on PropertyGuru Group (PGRU – Research Report) yesterday and set a price target of $6.50. The company’s shares closed yesterday at $4.60.
According to TipRanks, Jones CFA is a 4-star analyst with an average return of 8.5% and a 45.68% success rate. Jones CFA covers the Technology sector, focusing on stocks such as CarGurus, Offerpad Solutions, and PropertyGuru Group.
In addition to JMP Securities, PropertyGuru Group also received a Buy from Phillip Securities’s Paul Chew in a report issued yesterday. However, on March 2, Bank of America Securities reiterated a Hold rating on PropertyGuru Group (NYSE: PGRU).
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Based on PropertyGuru Group’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $33.03 million and a net profit of $3.82 million. In comparison, last year the company earned a revenue of $19.89 million and had a GAAP net loss of $10.79 million
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Bridgetown 2 Holdings Ltd is a blank check company.
