Citi Keeps Their Hold Rating on Brambles (BMBLF)
In a report released today, Samuel Seow from Citi maintained a Hold rating on Brambles (BMBLF – Research Report), with a price target of A$18.50. The company's shares closed last Thursday at $13.59.
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Seow covers the Industrials sector, focusing on stocks such as Brambles , Aurizon Holdings, and Qantas Airways Limited. According to TipRanks, Seow has an average return of -2.6% and a 46.10% success rate on recommended stocks.
In addition to Citi, Brambles also received a Hold from Jefferies's Anthony Moulder in a report issued yesterday. However, today, Morgan Stanley maintained a Buy rating on Brambles (Other OTC: BMBLF).
BMBLF market cap is currently $18.29B and has a P/E ratio of 22.33.
Based on the recent corporate insider activity of 11 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 BMBLF in relation to earlier this year.
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