Analyst Price Target is $4.00
▲ +128.57% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Harvey Norman in the last 3 months. The average price target is $4.00, with a high forecast of $4.00 and a low forecast of $4.00. The average price target represents a 128.57% upside from the last price of $1.75.
Current Consensus is
Sell
The current consensus among 1 polled investment analysts is to sell stock in Harvey Norman. This Sell consensus rating has held steady for over two years.
Harvey Norman
Harvey Norman Holdings Ltd. engages in the retail, franchise, property, and digital enterprise business. It operates business through the following segments: Franchising Operations; Retail-New Zealand; Retail-Singapore and Malaysia; Retail-Slovenia and Croatia; Retail-Ireland and Northern Ireland; Other Non-Franchised Retail; Retail Property; Retail Property Under Construction; Property Developments for Resale; Equity Investments; and Other. The Franchising Operations segment is consist of franchisor operations excluding Harvey Norman, Domayne, and Joyce Mayne franchisee. The Retail-New Zealand, Retail-Singapore and Malaysia, Retail-Slovenia and Croatia, and Retail-Ireland and Northern Ireland segments is involved in the overseas trading operations of Harvey Norman and Space Furniture brand names. The Other Non-Franchised Retail segment includes retail trading operations in Australia. The Retail Property segment offers land and buildings for each site that is fully operational or is ready and able to be tenanted. The Retail Property Under Construction segment comprises sites that are currently undergoing construction intended for retail leasing. The Property Developments for Resale segment focuses in the land and buildings to be developed, or currently under development, for the sole purpose of resale at a profit. The Equity Investments segment refers to the trading and investment in listed securities. The Other segment relates to credit facilities provided to related and unrelated parties. The company was founded by Gerald Harvey and Ian John Norman in October 1982 and is headquartered in Sydney, Australia.
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