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Wilsons Reaffirms Their Buy Rating on Pinnacle Investment Management Group Limited (PNI)

Wilsons Reaffirms Their Buy Rating on Pinnacle Investment Management Group Limited (PNI)

Business Insider17 hours ago
In a report released on July 4, Cameron Halkett from Wilsons maintained a Buy rating on Pinnacle Investment Management Group Limited, with a price target of A$25.75. The company's shares opened today at A$21.07.
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Halkett covers the Financial sector, focusing on stocks such as Pinnacle Investment Management Group Limited, OFX Group Ltd., and HUB24 Limited. According to TipRanks, Halkett has an average return of 4.5% and a 53.61% success rate on recommended stocks.
In addition to Wilsons, Pinnacle Investment Management Group Limited also received a Buy from Ord Minnett's Nicolas Burgess in a report issued today. However, on July 1, UBS maintained a Hold rating on Pinnacle Investment Management Group Limited (ASX: PNI).
The company has a one-year high of A$27.11 and a one-year low of A$13.59. Currently, Pinnacle Investment Management Group Limited has an average volume of 1.02M.
Based on the recent corporate insider activity of 6 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PNI in relation to earlier this year.
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