Citi Remains a Sell on Westpac Banking (WEBNF)
Citi analyst Thomas Strong maintained a Sell rating on Westpac Banking (WEBNF – Research Report) today and set a price target of A$27.75. The company's shares closed last Friday at $21.00.
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Strong covers the Financial sector, focusing on stocks such as ANZ Group Holdings, Bank of Queensland , and Westpac Banking. According to TipRanks, Strong has an average return of -5.4% and a 40.00% success rate on recommended stocks.
In addition to Citi, Westpac Banking also received a Sell from Macquarie's Victor German GFA in a report issued yesterday. However, today, Morgans maintained a Hold rating on Westpac Banking (Other OTC: WEBNF).
The company has a one-year high of $23.28 and a one-year low of $16.30. Currently, Westpac Banking has an average volume of 2,280.
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