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Plexure stock upgraded to ‘buy’ by Ord Minnett

Australian broker ups target price by 55% after McDonald’s renews contract.

Ord Minnett senior research analyst Ian Munro.

Will Mace Fri, 05 Aug 2022

Plexure Group’s renewed contract with fast food giant McDonald’s is believed to be worth more than $45 million a year to the company, up from about $27m under the previous contract. 

Plexure’s stock has been upgraded from ‘speculative buy’ to ‘buy’ in the opinion of Australian broker

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Will Mace Fri, 05 Aug 2022
Contact the Writer: william@nbr.co.nz
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Plexure stock upgraded to ‘buy’ by Ord Minnett
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