the cautious approach is definitely a wise one..
market hasn't come to terms with the idea that central banks have no choice but to force a recession
listen to the rhetoric-
any upbeat retail figures, spending, consumer confidence and interest rates go up
any downbeat, slowing down in consumer spending and interest rates still go up
because despite 7-8 interest rate hikes inflation is still at ~7%
when market finally faces up to reality it will be a 10-15% correction.....this is my target price for WBC and the other 3
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WBC
westpac banking corporation
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0.21%
!
$33.10

target price, page-6
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Last
$33.10 |
Change
0.070(0.21%) |
Mkt cap ! $113.1B |
Open | High | Low | Value | Volume |
$33.00 | $33.18 | $32.90 | $19.63M | 593.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 1054 | $33.10 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$33.11 | 1328 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 1173 | 33.080 |
9 | 2929 | 33.070 |
13 | 3228 | 33.060 |
8 | 3234 | 33.050 |
8 | 2684 | 33.040 |
Price($) | Vol. | No. |
---|---|---|
33.100 | 4870 | 11 |
33.110 | 4654 | 8 |
33.120 | 2026 | 7 |
33.130 | 2457 | 11 |
33.140 | 2812 | 10 |
Last trade - 11.59am 28/07/2025 (20 minute delay) ? |
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WBC (ASX) Chart |
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Frazer Bourchier, Director, President and CEO
Frazer Bourchier
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