Business
Leading broker tips Costa (ASX:CGC) share price to rocket higher
The Costa Group Holdings Ltd (ASX: CGC) share price has been a very strong performer over the last 12 months.
Since this time in 2020, the horticulture company’s shares have risen a sizeable 48%.
Can the Costa share price go even higher?
The good news for investors is that the Costa share price has been tipped to go even higher from here.
According to a note out of Goldman Sachs this morning, the broker has upgraded the company’s shares to a buy rating and lifted the price target on them by a massive 55% to $5.35.
Based on the latest Costa share price, this price target implies potential upside of 21.6% excluding dividends.
And with Goldman forecasting a 2.8% fully franked dividend yield over the next 12 months, this potential…
-
Noosa News5 hours agoShocking moment Bradley Donald Towle arrested after Bruce Hwy rampage and shooting on Sunshine coast
-
General19 hours agoFounder Schwab quits as World Economic Forum chair
-
General6 hours agoNSW Police to provide update on Sydney woman’s kidnap from Bankstown home and killing
-
General21 hours agoPope Francis, the 266th pope, has died