TSX:PRL - Post Discussion
Post by
retiredcf on Mar 22, 2024 6:45am
Panic-Proof Portfolio
TOP PICK
Propel Holdings(PRL-T)
21/03/2024
Stockchase Research Editor: Michael O’Reilly
After recently reporting earnings per share growth of 65% with a 54% increase in revenues, we select PRL as a TOP PICK. We like that quarterly cash reserves are growing, while debt is repaid. The company provided loans and lines of credit to 164,000 customers last year using its AI based online platform. It trades at 15x earnings and supports a 30% ROE. We recommend setting a stop-loss at $12, looking to achieve $22 — upside potential of 48%. Yield 1.9%
(Analysts’ price target is $22.38)
Financial Services
$15.350
Unknown
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