Following the release of our FY20 Full Results last month, equities research group PAC Partners released its latest analysis on Orbital UAV. The report, compiled by Senior Research Analyst Heath Andrews provides a Buy recommendation with a 12-month price target of $1.60/share.
In his Investment View, Andrews writes: “With contracted long-term high growth and the potential for several near-term contract wins with other TUAV manufacturers in the near to medium
term; OEC has: catalysts, re-rating potential and long-term high growth (all the key facets of a successful investment).”
Access the full report here