Jefferies upgrades FY25 and FY26 earnings estimates for Australia's Qoria Ltd

Qoria

01/10/2024 19:47

** Analysts at Jefferies raise FY25 and FY26 revenue
estimates for Australia's Qoria Ltd  QOR.AX  by 2% and 5%,
respectively 
    ** Brokerage says it factored in company's A$30 mln ($20.68
mln) capital raising and acquisition of OctopusBI into its
forecasts
    ** Jefferies retains PT on the cybersecurity services
provider at A$0.60 and maintains "buy" rating
    ** Five analysts, all of them, rate stock "buy" or higher;
their median PT is A$0.49 – LSEG data
    ** Stock up 44.6% this year, as of last close


($1 = 1.4505 Australian dollars)

 (Reporting by Roshan Thomas in Bengaluru)
 ((Roshan.Thomas@thomsonreuters.com))