Latest news with #NicolasBurgess
Business Insider
07-07-2025
- Business
- Business Insider
Wilsons Reaffirms Their Buy Rating on Pinnacle Investment Management Group Limited (PNI)
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. 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. 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.
Business Insider
07-07-2025
- Business
- Business Insider
Ord Minnett Remains a Buy on Pinnacle Investment Management Group Limited (PNI)
Ord Minnett analyst Nicolas Burgess maintained a Buy rating on Pinnacle Investment Management Group Limited today and set a price target of A$26.10. The company's shares closed last Friday at A$20.66. 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, Burgess is a 4-star analyst with an average return of 8.2% and a 59.86% success rate. Burgess covers the Financial sector, focusing on stocks such as Insignia Financial Ltd, HUB24 Limited, and Pinnacle Investment Management Group Limited. In addition to Ord Minnett, Pinnacle Investment Management Group Limited also received a Buy from RBC Capital's Jack Lynch in a report issued on June 22. However, on July 1, UBS maintained a Hold rating on Pinnacle Investment Management Group Limited (ASX: PNI). PNI market cap is currently A$4.56B and has a P/E ratio of 31.19. 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.
