CIMB Reaffirms “add” Rating for Ardent Leisure Group (AAD)
Ardent Leisure Group (ASX:AAD) traded up 3.57% on Monday, hitting A$2.900. 1,982,395 shares of the company’s stock traded hands. Ardent Leisure Group has a one year low of A$1.685 and a one year high of A$2.930. The stock has a 50-day moving average of A$2.65 and a 200-day moving average of A$2.52. The company has a market cap of A$1.175 billion and a price-to-earnings ratio of 30.77.
Separately, 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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