Canaccord upgraded Collins Foods (CLLFF) to Buy from Hold with a price target of A$9.65, up from A$8, after the company delivered a stronger-than-expected FY25 result. The firm, which has been on the sidelines waiting for evidence of stronger market conditions and/or margin execution in Australia, says “both of these items are arguably now in play.”
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Read More on CLLFF:
- Collins Foods Reports Record Revenue Amid Strategic Shifts
- Collins Foods Reports Stronger H2 FY25 Performance Amid Strategic Execution
- Collins Foods Reports Mixed FY25 Results Amid Challenging Market Conditions
- Collins Foods Announces New Dividend Distribution
- Collins Foods Reports Revenue Growth but Faces Profit Decline
