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Wisetech Global (WTCHF) Receives a Buy from UBS

Tipranks - Tipranks - Thu May 14, 6:04AM CDT

In a report released today, Lucy Huang from UBS reiterated a Buy rating on Wisetech Global, with a price target of A$67.00.

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Huang covers the Communication Services sector, focusing on stocks such as Seek Limited, REA Group Ltd, and HT&E Ltd. According to TipRanks, Huang has an average return of 3.1% and a 50.79% success rate on recommended stocks.

Wisetech Global has an analyst consensus of Strong Buy, with a price target consensus of A$72.64.

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The company has a one-year high of A$121.31 and a one-year low of A$35.54. Currently, Wisetech Global has an average volume of 1.79M.

Based on the recent corporate insider activity of 21 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of WTCHF in relation to earlier this year.

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