G8 Education (GEM), Hold or Sell?

I’m concerned about GEM, do you consider them a hold or sell?

A: I didn’t come back straight away to your question about G8 Education (GEM) because I thought the market needed more time to settle.

The brokers were disappointed by the result, and the market punished it.

The brokers now see value, with a consensus target price of $3.55, with 2 buys/2 neutrals.

However, G8  Education has lost quite a bit of credibility and this will take some time to re-build. It is a hold – but if you are after short term performance, unlikely to come from this stock.


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