Bank of Queensland Ltd (ASX: BOQ)
A note out of Ord Minnett reveals that its analysts have upgraded this regional bank’s shares to a buy rating with an $8.50 price target. The broker made the move on valuation grounds following significant share price weakness in 2023. In addition, Ord Minnett believes the bank is well-placed to return to system loan growth and boost its margins once competition eases and the ME Bank integration completes. The Bank of Queensland share price is currently fetching $5.60.
why is this stock go down, page-171
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Last
$6.50 |
Change
0.120(1.88%) |
Mkt cap ! $4.299B | |||
| Open | High | Low | Value | Volume |
| $6.41 | $6.52 | $6.40 | $10.17M | 1.569M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 12621 | $6.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.52 | 70550 | 3 |
View Market Depth
| Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
| BOQ (ASX) Chart |