The company's Q2 trading update surprised on the upside and stockbroker Morgans believes it is a clear signal of the underlying momentum and overall resilience that is embedded in the business.

Morgans has slightly reduced estimates while the price target has gained 4c to $5.04. Add rating retained.

Camplify is scheduled to report interim financials on February 28.

Post recent acquisitions, Morgans sees integrations now part of the risk profile.

Sector: Materials.

Target price is $5.04.Current Price is $3.67. Difference: $1.37 - (brackets indicate current price is over target). If CHL meets the Morgans target it will return approximately 27% (excluding dividends, fees and charges - negative figures indicate an expected loss).

© 2022 Acquisdata Pty Ltd., source FN Arena