Canaccord trims PT on Aussie travel and leisure firm Experience

Experience

24/08/2023 23:03

** Analysts at Canaccord Genuity marginally lower Price
Target on Australia's Experience Co Ltd  EXP.AX  to A$0.33/share
from A$0.34/share
    ** Brokerage says there is a full recovery yet to play out
for the travel and leisure company
    ** Says it is very challenging to predict the recovery of
inbound tourism in the country
    ** Cuts FY24 EBITDA expectations in the range of 7%-12%
    ** Stock has risen 4.4% this year, as of last close 

 (Reporting by Rishav Chatterjee in Bengaluru)
 ((Rishav.Chatterjee@thomsonreuters.com;))