Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.
Thanks MM for all your valuable insights. After a very strong rise in the share price for Bravura this week, can you please provide your view of the near term outlook for this company and a target price? Thanks in advance, Rob
Hi Rob,
BVS has surged higher this week after upgrading guidance by a few % and announcing they’ll return to paying dividends in February, a great combination!
This is a really impressive turnaround by BVS and although we’ve seen a strong move this week, we can only assume the company expects ongoing strong performance otherwise they would conserve cash – MM is now bullish the stock and wouldn’t be surprised to see a test of $3 next year, that’s a lot of blue sky.
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