29M: Lower Revenue Outlook And Higher P/E Will Pressure Future Returns

Analysts have raised their price target for 29Metals from $0.34 to $0.36 per share. They cite improved profit margin forecasts and a slightly lower discount rate as key factors supporting the update.

Analysts have raised their price target for 29Metals from $0.30 to $0.34, citing expectations of stronger revenue growth. These expectations are partially offset by a modest decline in profit margin forecasts and a slightly higher discount rate.

Analysts have raised their price target for 29Metals from $0.28 to $0.30 per share, citing improved revenue growth forecasts and higher expected profit margins. Valuation Changes Fair Value per share has increased slightly from A$0.28 to A$0.30.

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

AnalystConsensusTarget has decreased revenue growth from 10.9% to 7.8%, increased profit margin from 3.7% to 4.2% and decreased future PE multiple from 18.9x to 16.4x.

AnalystConsensusTarget has increased revenue growth from 8.7% to 10.9%, increased profit margin from 2.5% to 3.7% and decreased future PE multiple from 29.2x to 18.9x.

AnalystConsensusTarget has decreased profit margin from 4.0% to 2.5% and increased future PE multiple from 19.6x to 29.2x.

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

AnalystConsensusTarget made no meaningful changes to valuation assumptions.