Ord rates MA Financial (ASX:MAF) as a buy with a boosted price target of $10.50. The company is currently enjoying strong operating momentum, with three upgrades to earnings guidance over the last six months.Additionally, the financial group is a key beneficiary of the re-opening theme and Ords expect ongoing growth in asset management, long term optionality in lending and a steady contribution from corporate advisory. The target price got a boost by 90 per cent from $5.53 to $10.50.
MAF Price at posting:
$8.98 Sentiment: Hold Disclosure: Held
