Intelligent Investor

GBST downgraded to Hold

Financial software provider GBST has gained 16% since we upgraded it to Buy. We're downgrading to Hold.
By · 20 Apr 2015
By ·
20 Apr 2015 · 1 min read
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Recommendation

GBST Holdings Limited - GBT
Buy
below 6.50
Hold
up to 10.00
Sell
above 10.00
Buy Hold Sell Meter
HOLD at $6.68
Current price
$3.85 at 16:35 (11 November 2019)

Price at review
$6.68 at (20 April 2015)

Max Portfolio Weighting
5%

Business Risk
Medium

Share Price Risk
High
All Prices are in AUD ($)

GBST Holdings has risen 16% since we upgraded it in GBST's platform for growth on 30 Mar 15 (Buy – $5.75), taking it past our $6.50 buy price, so we're downgrading to HOLD.

Note: Our Growth and Income portfolios hold shares in GBST.

IMPORTANT: Intelligent Investor is published by InvestSMART Financial Services Pty Limited AFSL 226435 (Licensee). Information is general financial product advice. You should consider your own personal objectives, financial situation and needs before making any investment decision and review the Product Disclosure Statement. InvestSMART Funds Management Limited (RE) is the responsible entity of various managed investment schemes and is a related party of the Licensee. The RE may own, buy or sell the shares suggested in this article simultaneous with, or following the release of this article. Any such transaction could affect the price of the share. All indications of performance returns are historical and cannot be relied upon as an indicator for future performance.
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