
Morgan Stanley Remains a Sell on ASX (ASXFF)
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According to TipRanks, Stadnik is a 4-star analyst with an average return of 6.8% and a 55.25% success rate. Stadnik covers the Financial sector, focusing on stocks such as Macquarie Group Limited, ASX , and QBE Insurance Group Limited.
In addition to Morgan Stanley, ASX also received a Sell from UBS's Kieren Chidgey in a report issued on June 13. However, on June 17, Jefferies maintained a Hold rating on ASX (Other OTC: ASXFF).
Based on ASX 's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $861.2 million and a net profit of $243.5 million. In comparison, last year the company earned a revenue of $776.4 million and had a net profit of $193.58 million
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