Canaccord Genuity analysts have slightly decreased the price target on Australia’s travel and leisure firm, Experience Co (ASX:EXP), to A$0.33/share from A$0.34/share.

The brokerage anticipates a full recovery is still in the offing for the company.

The brokerage finds it particularly difficult to accurately forecast the resumption of inbound tourism in Australia.

Financial year 2024 EBITDA expectations have also been reduced, ranging from 7%-12%.

To date this year, the company’s stock has increased by 4.4% as of the last closing.

Experience Co is an Australia based travel and leisure company.