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CDialogues at 280p worth 330p claims broker Mirabaud

By Staff Writer | Tuesday 16 September 2014


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Yesterday, mobile marketing pioneer CDialogues (CDOG) reported a strong set of first half results, in line with broker expectations. The company posted triple-digit growth in both revenues (+106% to €4.1 million) and pre-tax profit (+111% to €1.3 million), both 3% ahead of the May pre-IPO forecasts. Broker Mirabaud has responded with a buy note at 275p setting a 330p target price for the shares.


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