Is Wisetech a buy, sell or hold at current levels?
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Shares in logistics software company Wisetech Ltd (ASX: WTC) have been relatively out of favour in recent times, and remain trading not far off their 12-month lows.
However, the consensus seems to be that the only way is up, with 12 of the 14 analysts surveyed by Tradingview having a strong buy recommendation on the stock, and two having it as a hold.
The price targets are all above the current share price of $67.43, ranging from $74.08 to a very bullish $177.09.
Share price upside likely
The team at Jarden have this week put out a research note on the stock, and they’re also predicting share price upside, with their $74 price target implying a 10% total return, including Wisetech’s very modest dividend…
