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Australian Broker Call Report


TME

TARGET PRICE -

No Rating

28 Feb 2019

Macquarie

Trade Me delivered a strong result, continuing first quarter momentum noted at the AGM. The company is under takeover. The broker is advising and is thus now restricted from making a ...


TME

TARGET PRICE $6.09

Neutral

28 Feb 2019

Citi

The interim performance proved smack-bang in-line. No dividend because of the scheme of arrangement on the takeover by Apax. Citi analysts note the company is aiming for a shareholder ...


TME

TARGET PRICE -

Neutral

28 Feb 2019

UBS

First half results were in line with UBS estimates. The broker now includes estimated Apax bid costs of $13.5m in FY19 estimates. As a result earnings estimates for FY19 are reduced by -8% while FY20...


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