Latest news with #ANZGroupHoldings
Business Insider
07-07-2025
- Business
- Business Insider
Analysts Offer Insights on Financial Companies: ASX (OtherASXFF) and ANZ Group Holdings (OtherANZGF)
Analysts fell to the sidelines weighing in on ASX (ASXFF – Research Report) and ANZ Group Holdings (ANZGF – Research Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. ASX (ASXFF) In a report released today, Nigel Pittaway from Citi maintained a Hold rating on ASX, with a price target of A$71.60. The company's shares closed last Monday at $46.03, close to its 52-week high of $46.35. According to Pittaway is a 3-star analyst with an average return of 3.4% and a 56.9% success rate. Pittaway covers the Financial sector, focusing on stocks such as Insurance Australia Group Limited, QBE Insurance Group Limited, and Suncorp Group. Currently, the analyst consensus on ASX is a Hold with an average price target of $44.70, a -2.9% downside from current levels. In a report issued on June 25, Macquarie also maintained a Hold rating on the stock with a A$66.00 price target. ANZ Group Holdings (ANZGF) Citi analyst Thomas Strong maintained a Hold rating on ANZ Group Holdings today and set a price target of A$27.50. The company's shares closed last Thursday at $22.14. According to Strong is a 1-star analyst with an average return of -4.8% and a 39.3% success rate. Strong covers the Financial sector, focusing on stocks such as National Australia Bank Limited, Macquarie Group Limited, and Bendigo & Adelaide Bank. Currently, the analyst consensus on ANZ Group Holdings is a Hold with an average price target of $18.12, implying a -18.2% downside from current levels. In a report issued on June 24, Morgan Stanley also maintained a Hold rating on the stock with a A$26.50 price target.
Business Insider
24-06-2025
- Business
- Business Insider
Morgan Stanley Sticks to Their Hold Rating for ANZ Group Holdings (ANZGF)
In a report released today, Richard Wiles from Morgan Stanley maintained a Hold rating on ANZ Group Holdings (ANZGF – Research Report), with a price target of A$26.50. The company's shares closed yesterday at $18.23. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Wiles covers the Financial sector, focusing on stocks such as ANZ Group Holdings, Westpac Banking, and Bank of Queensland . According to TipRanks, Wiles has an average return of -9.0% and a 29.71% success rate on recommended stocks. The word on The Street in general, suggests a Hold analyst consensus rating for ANZ Group Holdings with a $17.79 average price target, implying a -2.41% downside from current levels. In a report released on June 16, Citi also maintained a Hold rating on the stock with a A$27.50 price target. Based on ANZ Group Holdings' latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $33.54 billion and a net profit of $3.13 billion. In comparison, last year the company earned a revenue of $29.69 billion and had a net profit of $3.55 billion Based on the recent corporate insider activity of 22 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of ANZGF in relation to earlier this year.
Business Insider
24-06-2025
- Business
- Business Insider
Morgans downgrades ANZ Group Holdings (ANZGF) to a Sell
ANZ Group Holdings (ANZGF – Research Report) received a Sell rating and a A$24.51 price target from Morgans analyst Nathan Lead today. The company's shares closed today at $18.23. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Lead is a 3-star analyst with an average return of 1.7% and a 53.85% success rate. Lead covers the Industrials sector, focusing on stocks such as Dalrymple Bay Infrastructure Ltd., Aurizon Holdings, and Cleanaway Waste Management. The word on The Street in general, suggests a Hold analyst consensus rating for ANZ Group Holdings with a $17.79 average price target, a -2.41% downside from current levels. In a report released today, UBS also downgraded the stock to a Sell with a A$26.50 price target. The company has a one-year high of $23.60 and a one-year low of $15.26. Currently, ANZ Group Holdings has an average volume of 5,872. Based on the recent corporate insider activity of 22 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of ANZGF in relation to earlier this year.
Business Insider
20-06-2025
- Business
- Business Insider
Analysts Offer Insights on Financial Companies: ANZ Group Holdings (OtherANZGF) and Suncorp Group (OtherSNMYF)
Companies in the Financial sector have received a lot of coverage today as analysts weigh in on ANZ Group Holdings (ANZGF – Research Report) and Suncorp Group (SNMYF – Research Report). Confident Investing Starts Here: ANZ Group Holdings (ANZGF) In a report released today, Richard Wiles from Morgan Stanley maintained a Hold rating on ANZ Group Holdings, with a price target of A$26.50. The company's shares closed last Friday at $18.60. According to Wiles ' ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -8.8% and a 30.4% success rate. Wiles covers the Financial sector, focusing on stocks such as National Australia Bank Limited, Bendigo & Adelaide Bank, and Bank of Queensland. Currently, the analyst consensus on ANZ Group Holdings is a Hold with an average price target of $18.18, a -2.3% downside from current levels. In a report issued on June 16, Citi also maintained a Hold rating on the stock with a A$27.50 price target. Suncorp Group (SNMYF) In a report released today, Andrei Stadnik from Morgan Stanley maintained a Buy rating on Suncorp Group, with a price target of A$25.00. The company's shares closed last Friday at $13.81. According to Stadnik is a 4-star analyst with an average return of 6.7% and a 55.3% success rate. Stadnik covers the Financial sector, focusing on stocks such as Insurance Australia Group Limited, QBE Insurance Group Limited, and Macquarie Group Limited. Suncorp Group has an analyst consensus of Moderate Buy, with a price target consensus of $14.18.
Business Insider
29-05-2025
- Business
- Business Insider
Jarden Keeps Their Sell Rating on Westpac Banking (WEBNF)
Jarden analyst Matthew Wilson maintained a Sell rating on Westpac Banking (WEBNF – Research Report) on May 26 and set a price target of A$30.00. The company's shares closed yesterday at $20.50. Confident Investing Starts Here: Wilson covers the Financial sector, focusing on stocks such as ANZ Group Holdings, National Australia Bank Limited, and Westpac Banking. According to TipRanks, Wilson has an average return of -5.0% and a 43.48% success rate on recommended stocks. Westpac Banking has an analyst consensus of Moderate Sell, with a price target consensus of $18.66, representing a -8.98% downside. In a report released on May 16, Macquarie also maintained a Sell rating on the stock with a A$27.50 price target. The company has a one-year high of $23.28 and a one-year low of $16.30. Currently, Westpac Banking has an average volume of 2,694.
