Morgans Reaffirms Their Hold Rating on Westpac Banking (WEBNF)
In a report released today, Nathan Lead from Morgans maintained a Hold rating on Westpac Banking (WEBNF – Research Report), with a price target of A$28.35. The company's shares closed last Friday at $21.00.
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Lead covers the Industrials sector, focusing on stocks such as Transurban Group, Atlas Arteria, and Cleanaway Waste Management. According to TipRanks, Lead has an average return of 5.1% and a 60.00% success rate on recommended stocks.
Westpac Banking has an analyst consensus of Moderate Sell, with a price target consensus of $19.03.
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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