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Ardent Leisure Group (ASX:AAD)‘s stock had its “add” rating reiterated by research analysts at CIMB in a report released on Sunday. They currently have a $3.05 target price on the stock.

Ardent Leisure Group (ASX:AAD) traded down 0.75% on Friday, hitting A$2.660. 2,251,536 shares of the company’s stock traded hands. Ardent Leisure Group has a 1-year low of A$1.612 and a 1-year high of A$2.790. The stock has a 50-day moving average of A$2.64 and a 200-day moving average of A$2.48. The company has a market cap of A$1.077 billion and a P/E ratio of 29.45.

AAD has been the subject of a number of other recent research reports. Analysts at JPMorgan Chase & Co. raised their price target on shares of Ardent Leisure Group from $2.40 to $2.59 in a research note on Thursday, May 22nd. They now have a “neutral” rating on the stock.

Ardent Leisure Group is principally engaged in investing in the leisure and entertainment businesses.

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