TheScreener - Spotless Group Holdings (SPO) SPOTLESS GROUP HOLDINGS sees a downgrade to Neutral on account of less fundamental stars

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TheScreener

EUR 13.93 For Business Accounts Only

SPOTLESS GROUP HOLDINGS sees a downgrade to Neutral on account of less fundamental stars

The independent financial analyst theScreener just lowered the general evaluation of SPOTLESS GROUP HOLDINGS (AU), active in the Business Support Services industry. As regards its fundamental valuation, the title now shows 1 out of 4 stars while market behaviour can be considered defensive. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Neutral. As of the analysis date August 2, 2019, the closing price was AUD 1.57 and its target price was estimated at AUD 1.31.

03/08/2019 6 EN

Underlying

Spotless Group Holdings

Spotless Group Holdings is engaged in the provision of outsourced facility services, laundry and linen services, technical and engineering services, maintenance and asset management services and refrigeration solutions to various industries in Australia and New Zealand. Co.'s operating segments comprised of: Facility Services, which provides multi-faceted facilities management, cleaning, and catering and food services to a range of industries across Australia and New Zealand; and Laundry Services, which provides linen and uniform laundry services to a range of customers across Australia and New Zealand.

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AU000000SPO4 Australia

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TheScreener

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SPOTLESS GROUP HOLDINGS sees a downgrade to Neutral on account of less fundamental stars

Empowering Investors

A director bought 200,000 shares at 1.129AUD and

Ceasing Coverage of Spotless

AC ENERGY CORP increases its risk exposure and slightly lowers to Neutral

With a more favourable environment, VUKILE PROPERTY improves to Positive

An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

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