Is Elders Ltd a Buy? The Stock Rises Again

 Is Elders Ltd a Buy? The Stock Rises Again

The stock of Elders Ltd (ASX:ELD) is a huge mover today! The stock increased 1.32% or $0.05 on November 18, hitting $3.85. About 306,122 shares traded hands or 8.97% up from the average. Elders Ltd (ASX:ELD) has risen 7.93% since April 22, 2016 and is uptrending. It has outperformed by 3.50% the S&P500.
The move comes after 9 months positive chart setup for the $427.26 million company. It was reported on Nov, 18 by Barchart.com. We have $6.78 PT which if reached, will make ASX:ELD worth $324.72 million more.

More notable recent Elders Ltd (ASX:ELD) news were published by: Fool.com.Au which released: “Why the Elders Ltd share price soared today” on June 17, 2016, also Fool.com.Au with their article: “Is Elders Ltd a turnaround opportunity?” published on April 13, 2015, Fool.com.Au published: “Here’s why Elders Ltd shares went gangbusters today” on September 12, 2016. More interesting news about Elders Ltd (ASX:ELD) were released by: Smh.com.Au and their article: “Small boards are best says Elders Ltd chair as female director joins” published on September 21, 2015 as well as Fool.com.Au‘s news article titled: “Why the Elders Ltd share price is 6.6% higher today” with publication date: August 14, 2015.

Elders Limited is engaged in the business of rural services. The company has a market cap of $427.26 million. The Company’s principal activities include the provision of services and inputs to the rural sector; the provision of financial and real estate services to rural and regional customers; real estate franchisor; trading operations, principally in live cattle and wool; feedlotting of cattle, and manufacture and supply of automotive components. It has a 7.94 P/E ratio.

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