Bank of Queensland Ltd (ASX: BOQ)
A note out of Ord Minnett reveals that its analysts have upgraded this regional bank’s shares to a buy rating with an $8.50 price target. The broker made the move on valuation grounds following significant share price weakness in 2023. In addition, Ord Minnett believes the bank is well-placed to return to system loan growth and boost its margins once competition eases and the ME Bank integration completes. The Bank of Queensland share price is currently fetching $5.60.
why is this stock go down, page-171
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Last
$6.83 |
Change
0.070(1.04%) |
Mkt cap ! $4.517B | |||
| Open | High | Low | Value | Volume |
| $6.74 | $6.84 | $6.73 | $12.64M | 1.857M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1002 | $6.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.84 | 39963 | 7 |
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| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| BOQ (ASX) Chart |