Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Tourism Holdings Limited ( (AU:THL) ) has shared an announcement.
Tourism Holdings Limited has rejected a non-binding indicative offer from a consortium led by BGH Capital, valuing the company at $2.30 per share, which the board considers undervalued. The board believes the company’s value exceeds $3.00 per share and remains open to improved offers. Additionally, thl confirmed its FY25 underlying NPAT expectations are at the lower end of analyst predictions, with a potential statutory NPAT loss due to impairments and write-offs.
The most recent analyst rating on (AU:THL) stock is a Hold with a A$2.02 price target. To see the full list of analyst forecasts on Tourism Holdings Limited stock, see the AU:THL Stock Forecast page.
More about Tourism Holdings Limited
Tourism Holdings Limited (thl) is a global tourism operator and the largest commercial RV rental operator in the world. It is listed on the NZX and ASX and operates a variety of rental, manufacturing, retail, and tourism brands across New Zealand, Australia, North America, the UK, and Europe.
Average Trading Volume: 47,179
Technical Sentiment Signal: Buy
Current Market Cap: A$414.6M
For a thorough assessment of THL stock, go to TipRanks’ Stock Analysis page.