The investment bank’s research analysts are bullish on Guzman y Gomez. They also have an interest in its success.
from UBS to Barrenjoey Capital Partners, only now are we getting a full appreciation of the baits on the hook.On Monday, Barrenjoey initiated its coverage of the ASX’s blush saviour, Guzman y Gomez.run Mexican chain. They put a $33 price target on the stock – almost 25 per cent higher than where it currently trades .. Its EBITDA multiples are all over the place.
, are investors in that same fund, and “therefore have an interest in the performance of GYG”. Wonderful. Still, it’s not alone in this regard. Brisbane-based Morgans acted as a manager of the float, which meant putting its clients in the stock while allowing its junior research analyst to
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