A few brokers have been cutting their price targets post result (see excerpt from The Australian below). From memory the two biggest bulls were Morgan Stanley with target of $245 and Brian Johnson from Jeffries with target $225. Will be interesting to see their thoughts post results.
Macquarie shares drop 4.5 per cent to a 9-week low fo $178.40 after a number of upgrades and downgrades following its FH22 results on Friday.
Citi cut to Neutral while slashing its target price 17 per cent to $187, Morgans upgraded to Add while trimming its target to $209 from $215, Morningstar upgraded to Hold and Credit Suisse cut to Underperform.
UBS trimmed its EPS estimates by 5-10 per cent for FY23-25 and lowered its target to $200 from $205, noting a more uncertain operating backdrop with high inflation, rising interest rates and a market correction in bonds and equities clouding the outlook.
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Last
$199.71 |
Change
-0.120(0.06%) |
Mkt cap ! $76.22B |
Open | High | Low | Value | Volume |
$199.50 | $200.71 | $198.24 | $91.85M | 459.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 31 | $199.50 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$199.82 | 244 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 31 | 199.500 |
1 | 250 | 199.440 |
1 | 2313 | 199.410 |
2 | 1407 | 199.400 |
1 | 114 | 199.250 |
Price($) | Vol. | No. |
---|---|---|
199.820 | 244 | 1 |
199.980 | 115 | 1 |
200.000 | 150 | 1 |
200.180 | 2022 | 1 |
200.190 | 114 | 1 |
Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
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MQG (ASX) Chart |