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AFTPY - Afterpay: Regulatory Headwinds And Lower Asset Quality
March, 15 2021 08:58 AM
Afterpay
Afterpay and other BNPL lenders will face headwinds from increasing regulatory scrutiny following the Woolard Review issued by the UK FCA. Asset quality appears lower than key peer Klarna. Regulatory changes are likely to make it harder for Afterpay to increase user activity. Trading on consensus FY6/2022 21x we believe there is limited upside. We are sellers of the shares. For further details see:
Afterpay: Regulatory Headwinds And Lower Asset Quality
Stock Information
Company Name:
Afterpay
Stock Symbol:
AFTPY
Market:
OTC
Website:
afterpay.com
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