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Petra Capital Keeps Their Buy Rating on Credit Clear Limited (CCR)


Petra Capital Keeps Their Buy Rating on Credit Clear Limited (CCR)

Petra Capital analyst Mark Yarwood maintained a Buy rating on Credit Clear Limited on August 25 and set a price target of A$0.49. The company's shares opened today at A$0.27.

Currently, the analyst consensus on Credit Clear Limited is a Strong Buy with an average price target of A$0.46, which is a 70.37% upside from current levels. In a report released on August 25, PAC Partners also maintained a Buy rating on the stock with a A$0.45 price target.

Based on Credit Clear Limited's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of A$23.26 million and a GAAP net loss of A$2.17 million. In comparison, last year the company earned a revenue of A$20.03 million and had a GAAP net loss of A$2.1 million

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