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Analysts Offer Insights on Technology Companies: Wisetech Global (OtherWTCHF) and Nextdc Limited (OtherNXDCF)

Tipranks - Tipranks - Tue Apr 21, 7:22PM CDT

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Wisetech Global (WTCHF) and Nextdc Limited (NXDCF) with bullish sentiments.

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Wisetech Global (WTCHF)

In a report released today, Chris Savage from Bell Potter maintained a Buy rating on Wisetech Global, with a price target of A$78.75. The company’s shares closed last Thursday at $27.21.

According to TipRanks.com, Savage is a 1-star analyst with an average return of -0.7% and a 39.2% success rate. Savage covers the Technology sector, focusing on stocks such as Life360 Shs Chess Depository Interests Repr 3 Sh, Catapult Group International, and Integrated Research Limited. ;'>

Wisetech Global has an analyst consensus of Strong Buy, with a price target consensus of $55.12, a 103.0% upside from current levels. In a report issued on April 16, Rothschild & Co Redburn also upgraded the stock to Buy with a A$60.00 price target.

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Nextdc Limited (NXDCF)

UBS analyst Tim Plumbe maintained a Buy rating on Nextdc Limited today and set a price target of A$22.55. The company’s shares closed last Wednesday at $9.75.

According to TipRanks.com, Plumbe is a 1-star analyst with an average return of -0.6% and a 41.8% success rate. Plumbe covers the NA sector, focusing on stocks such as Flight Centre Travel Group Limited, WEB Travel Group, and ARB Corporation. ;'>

Currently, the analyst consensus on Nextdc Limited is a Strong Buy with an average price target of $14.20, a 45.7% upside from current levels. In a report issued on April 8, RBC Capital also maintained a Buy rating on the stock with a A$22.00 price target.

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