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
$203.66 |
Change
0.780(0.38%) |
Mkt cap ! $77.50B |
Open | High | Low | Value | Volume |
$204.18 | $204.49 | $203.61 | $15.85M | 77.98K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 303 | $203.65 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$203.73 | 48 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 38 | 203.720 |
1 | 25 | 203.690 |
1 | 4 | 203.660 |
2 | 21 | 203.650 |
4 | 21 | 203.640 |
Price($) | Vol. | No. |
---|---|---|
203.770 | 19 | 3 |
203.780 | 5 | 1 |
203.830 | 29 | 2 |
203.840 | 12 | 1 |
203.870 | 32 | 3 |
Last trade - 10.24am 12/07/2024 (20 minute delay) ? |
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