Business
Is the Harvey Norman (ASX:HVN) share price good value?
The Harvey Norman Holdings Limited (ASX: HVN) share price could still have room to grow according to one leading broker.
Who is positive on Harvey Norman?
A note out of Goldman Sachs this morning revealed that its analysts have retained their buy rating and put a $4.90 price target on this retail giant’s shares following the release of its annual general meeting update yesterday.
That update revealed that Harvey Norman’s aggregated sales revenue increased by 28.2% between 1 July and 21 November compared to the prior corresponding period. This has been driven by strong same store sales growth across almost all regions over the period.
Things were even better on the bottom line. Thanks to margin expansion, the company’s…
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