Report
EUR 14.08 For Business Accounts Only

NETWEALTH GROUP sees a downgrade to Slightly Negative on account of less fundamental stars

The independent financial analyst theScreener just lowered the general evaluation of NETWEALTH GROUP (AU), active in the Asset Managers industry. As regards its fundamental valuation, the title now shows 0 out of 4 stars while market behaviour can be considered moderately risky. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Slightly Negative. As of the analysis date November 26, 2021, the closing price was AUD 15.52 and its target price was estimated at AUD 12.58.
Underlying
Netwealth Group Ltd

New Tel Limited. Develops and sells mobile data communications products and advanced engine enhancement componentry which included the Transcom Natural Gas Vehicle System (NGVS) and Sprintex Supercharger products. Telecommunications accounted for 93% of fis 2001 revs; Vehicle Engine Systems, 7%.

Provider
TheScreener
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