Morgans initiates cobverage on adventure tourism company Experience Co with an Add rating. Investors should get set on the stock, in the broker's opinion, as it should re-rate in line with the ongoing recovery of inbound international tourists into A&NZ.
Given leverage to these tourists,
Earnings for Experience Co are split roughly evenly across domestic and inbound tourism, explain the analysts. A target price of 30c is set.
The company's portfolio of assets across A&NZ include Skydive, Treetops Adventure,
Sector: Consumer Services.
Target price is
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