CloudCall is a cloud-based unified communications provider. We believe deepening channel partnerships, a new unified platform roll-out and the recent equity placement have positioned CloudCall for a substantial acceleration that is yet to be fully appreciated by investors. Our forecasts expect short-term sales growth of c.33% FY17-20E to outpace the market. We initiate coverage with a Buy rating and a PT of 300p, implying 107% upside potential, based on the peer group’s trading multiple
07 Feb 2018
Initiating coverage with a Buy rating & 107% upside
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Initiating coverage with a Buy rating & 107% upside
- Published:
07 Feb 2018 -
Author:
Kartik Swaminathan -
Pages:
31
CloudCall is a cloud-based unified communications provider. We believe deepening channel partnerships, a new unified platform roll-out and the recent equity placement have positioned CloudCall for a substantial acceleration that is yet to be fully appreciated by investors. Our forecasts expect short-term sales growth of c.33% FY17-20E to outpace the market. We initiate coverage with a Buy rating and a PT of 300p, implying 107% upside potential, based on the peer group’s trading multiple