UBS Keeps Their Sell Rating on ASX (ASXFF)
In a report released today, Kieren Chidgey from UBS maintained a Sell rating on ASX (ASXFF – Research Report), with a price target of A$66.45. The company's shares closed last Thursday at $45.90.
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According to TipRanks, Chidgey is an analyst with an average return of -3.8% and a 43.75% success rate. Chidgey covers the Financial sector, focusing on stocks such as ASX , Medibank Private, and Insurance Australia Group Limited.
In addition to UBS, ASX also received a Sell from Goldman Sachs's Julian Braganza in a report issued on May 1. However, on April 29, Macquarie maintained a Hold rating on ASX (Other OTC: ASXFF).
The company has a one-year high of $48.10 and a one-year low of $36.25. Currently, ASX has an average volume of 906.
Based on the recent corporate insider activity of 8 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of ASXFF in relation to earlier this year.
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