Post by
ZouZS3 on Mar 30, 2022 12:02pm
Lapresse
according to Frdric Tremblay of Desjardins Securities. The latter specifies that the consensus in terms of margins was around 9.5% for 2024. It is reasonable to believe that the expected margins for 2024 can materialize, according to analyst Aaron MacNeil, of TD, if the revenue targets are met. Aaron MacNeil, however, points out that Xebec has missed the targets set by management in 2020 and 2021. For this reason, he believes that investors will not discount the 2024 targets in the valuation of the stock until Xebec demonstrates real progress towards its goals. In this context, Aaron MacNeil welcomes the announcement of the memorandum of understanding that has just been signed with an Iowa company.