Latest news with #NetwealthGroupLtd.


Business Insider
11-07-2025
- Business
- Business Insider
Bell Potter Remains a Hold on Netwealth Group Ltd. (NWL)
In a report released today, Hayden Nicholson from Bell Potter maintained a Hold rating on Netwealth Group Ltd., with a price target of A$34.50. The company's shares closed today at A$34.26. 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. Nicholson covers the Financial sector, focusing on stocks such as HUB24 Limited, Praemium Ltd, and COG Financial Services Limited. According to TipRanks, Nicholson has an average return of 18.6% and a 70.83% success rate on recommended stocks. In addition to Bell Potter, Netwealth Group Ltd. also received a Hold from Canaccord Genuity's Paul Buys in a report issued today. However, on July 3, Jarden downgraded Netwealth Group Ltd. (ASX: NWL) to a Sell. Based on Netwealth Group Ltd.'s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of A$155.39 million and a net profit of A$57.59 million. In comparison, last year the company earned a revenue of A$117.85 million and had a net profit of A$39.29 million


Business Insider
10-07-2025
- Business
- Business Insider
Netwealth Group Ltd. (NWL) Gets a Hold from Citi
Citi analyst Siraj Ahmed maintained a Hold rating on Netwealth Group Ltd. today and set a price target of A$33.65. The company's shares opened today at A$34.77. 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. According to TipRanks, Ahmed is a 4-star analyst with an average return of 11.2% and a 55.46% success rate. Ahmed covers the Technology sector, focusing on stocks such as Wisetech Global, Xero Limited, and Nextdc Limited. Netwealth Group Ltd. has an analyst consensus of Hold, with a price target consensus of A$28.14, a -19.07% downside from current levels. In a report released on July 4, UBS also maintained a Hold rating on the stock with a A$35.00 price target. Based on Netwealth Group Ltd.'s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of A$155.39 million and a net profit of A$57.59 million. In comparison, last year the company earned a revenue of A$117.85 million and had a net profit of A$39.29 million


Business Insider
30-05-2025
- Business
- Business Insider
Morgans Sticks to Their Hold Rating for Netwealth Group Ltd. (NWL)
Morgans analyst Scott Murdoch CFA maintained a Hold rating on Netwealth Group Ltd. (NWL – Research Report) today and set a price target of A$29.00. The company's shares closed yesterday at A$31.36. 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, Murdoch CFA is a 4-star analyst with an average return of 9.1% and a 50.89% success rate. Murdoch CFA covers the Financial sector, focusing on stocks such as HUB24 Limited, Pinnacle Investment Management Group Limited, and Netwealth Group Ltd.. The word on The Street in general, suggests a Hold analyst consensus rating for Netwealth Group Ltd. with a A$26.51 average price target.