RECOMMENDATIONTARGET PRICE$33.50
% TO REACH TARGET20.07%
COMMENTARYMorgans reduces first half forecasts and lowers FY21 cash EPS estimates by -11.1%. This comes after ANZ Bank announced cash earnings will be reduced by -$817m (after tax) due to notable items.
The analyst now forecasts first half cash earnings of $2,629m and an interim dividend of 60cps. The Add rating and $33.50 target are maintained.
FORECAST
Morgans forecasts a full year FY21 dividend of 137.00 cents and EPS of 211.00 cents.
Morgans forecasts a full year FY22 dividend of 175.00 cents and EPS of 251.00 cents
Ann: ANZ 1H 2021 Results Presentation & Investor Discussion Pack, page-25
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Last
$29.71 |
Change
-0.350(1.16%) |
Mkt cap ! $89.40B | |||
| Open | High | Low | Value | Volume |
| $29.79 | $29.80 | $29.39 | $157.3M | 5.354M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9677 | $29.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $29.73 | 22938 | 3 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| ANZ (ASX) Chart |