Litchfield Hills Initiates Coverage on Globavend with a Buy Rating, and a $0.40 Price Target
Perth, Australia, July 11, 2025 (GLOBE NEWSWIRE) -- Globavend Holdings Limited (NASDAQ:GVH) ("Globavend" or the "Company"), an emerging e-commerce logistics provider, is pleased to announce today that equity research firm Litchfield Hills Research LLC ("Litchfield Hills") released its first analyst coverage report on Globavend with a "Buy" rating under its three-tiered (buy-hold-sell) rating system and a $0.40 price target.
As of the end of its last trading day, July 10, 2025, Globavend's shares closed at $0.0808 per share.
"We are pleased at the target price Litchfield Hills concluded on Globavend," commented Frank Yau, Chief Executive Officer of Globavend. According to Litchfield Hills, Globavend currently holds between 1% and 5% of the market share in our service territories, suggesting substantial growth opportunities in what Litchfield Hills believe is a fragmented market.
"We concur with Litchfield Hills that our shares currently trade below the target price of $0.40, as suggested by the research firm," Frank Yau added. "Globavend has strived to maximize the return to its investors through different strategies, including pursuing acquisitions, joint ventures, and strategic partnerships. This report further validates the true value of our shares, and we are working to release such value in the near future."
The Litchfield Hills Research Department certifies that its report is compliant with FINRA research rules 2241 and 3110 and the report has been reviewed by a Supervisory Analyst. Litchfield Hills' price target, financial models, peer comparisons, and investment thesis are developed without input from management of the Company, and they performed their own due diligence.
The research report is MiFID II compliant and is classified as a minor non-monetary benefit under MiFID II. It is accessible on Bloomberg, FactSet, NASDAQ, NYSE Connect, S&P Cap IQ, Thomson Reuters (Refinitiv) and 12 other platforms around the globe. The research report has been posted to Litchfield Hills' website at https://hillsresearch.com/wp-content/uploads/2025/07/GVH-Initiation-Final.pdf.
About Globavend Holdings Limited
Globavend Holdings Limited, an emerging e-commerce logistics provider, offers end-to-end logistics solutions in Hong Kong, Australia, and New Zealand. The Company primarily serves enterprise customers, including e-commerce merchants and operators of e-commerce platforms, facilitating business-to-consumer (B2C) transactions. As an e-commerce logistics provider, Globavend delivers integrated cross-border logistics services from Hong Kong to Australia and New Zealand. It provides customers with a comprehensive solution, encompassing pre-carriage parcel drop-off, parcel consolidation, air-freight forwarding, customs clearance, on-carriage parcel transportation, and final delivery.
Forward-Looking Statements
This press release may contain "forward‐looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are based on the beliefs and assumptions and on information currently available to management of the Company. All statements other than statements of historical fact contained in this press release are forward-looking statements, including statements regarding the target price and value of the Company's shares. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential" or "continue" or the negative of these terms or other comparable terminology. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. These risks and uncertainties include, but are not limited to, the risks and uncertainties related to global economic or market conditions, changes in our operating plans or funding requirements, the value of our shares, and the risks and uncertainties set forth in the "Risk Factors" section of the Company's Annual Report on Form 20-F for the year ended September 30, 2024, and subsequent reports that the Company files with the SEC. Forward-looking statements represent the Company's beliefs and assumptions only as of the date of this press release. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, levels of activity, performance or achievements. Except as required by law, the Company assumes no obligation to publicly update any forward‐looking statements for any reason after the date of this press release to conform any of the forward-looking statements to actual results or to changes in its expectations.
Company Info:
Globavend Holdings Limited
Wai Yiu Yau, Chairman and CEO
61 8 6141 3263
