The team at Goldman Sachs believes this recent weakness has created a buying opportunity for investors.According to a note from this morning, the broker has retained its conviction buy rating with a trimmed price target of $40.40. This implies potential upside of 22% for investors over the next 12 months.And with the broker forecasting a fully franked 3.3% dividend yield in FY 2024, the total potential return stretches beyond 25%.
Goldman Sachs has put this out today.
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Last
$31.02 |
Change
0.300(0.98%) |
Mkt cap ! $37.89B | |||
| Open | High | Low | Value | Volume |
| $30.75 | $31.07 | $30.74 | $49.09M | 1.585M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 7704 | $31.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $31.06 | 670 | 1 |
View Market Depth
| Last trade - 16.10pm 13/05/2024 (20 minute delay) ? |
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Last
$31.06 |
Change
0.300 ( 0.86 %) |
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| Open | High | Low | Volume | ||
| $30.77 | $31.08 | $30.75 | 153337 | ||
| Last updated 15.59pm 13/05/2024 ? | |||||
| WOW (ASX) Chart |