The team at Goldman Sachs believes this recent weakness has created a buying opportunity for investors.According to a note from this morning, the broker has retained its conviction buy rating with a trimmed price target of $40.40. This implies potential upside of 22% for investors over the next 12 months.And with the broker forecasting a fully franked 3.3% dividend yield in FY 2024, the total potential return stretches beyond 25%.
Goldman Sachs has put this out today.
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Last
$30.50 |
Change
-1.320(4.15%) |
Mkt cap ! $37.25B | |||
| Open | High | Low | Value | Volume |
| $30.90 | $30.90 | $30.12 | $196.8M | 6.458M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 662 | $30.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $30.53 | 758 | 2 |
View Market Depth
| Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Last
$30.47 |
Change
-1.320 ( 4.63 %) |
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| Open | High | Low | Volume | ||
| $30.80 | $30.80 | $30.13 | 841508 | ||
| Last updated 15.59pm 02/05/2024 ? | |||||
| WOW (ASX) Chart |