Risk factor
Negligible price volatility
Profitability factor
Solid dividends
About
Chorus Limited, together with its subsidiaries, engages in the provision of fixed line communications infrastructure services in New Zealand. It offers wholesale broadband, data, and voice services. The company also builds and maintains a network of fiber and copper cables, ducts, poles, network electronics, and cabinets. In addition, it provides value-added network services; physical storage and site-sharing rental services for co-location of third party or shared asset; and installation, wiring, and consultation services. Chorus Limited was incorporated in 2011 and is based in Wellington, New Zealand.
Company Valuation
From both historical and forecast perspectives, the stock is considerably overpriced compared to similar stocks. In particular, the stock is overpriced on P/E, 'expensive
Target Price
The average target price of CNU.AX is 7.87 and suggests 20.3% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to in