logo
UBS Sticks to Its Buy Rating for Catapult Group International (CAZGF)

UBS Sticks to Its Buy Rating for Catapult Group International (CAZGF)

In a report released today, Evan Karatzas from UBS maintained a Buy rating on Catapult Group International (CAZGF – Research Report), with a price target of A$5.00. The company's shares closed last Friday at $2.65.
Protect Your Portfolio Against Market Uncertainty
Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
According to TipRanks, Karatzas is a 3-star analyst with an average return of 4.0% and a 48.00% success rate.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Catapult Group International with a $2.74 average price target.
The company has a one-year high of $2.70 and a one-year low of $0.92. Currently, Catapult Group International has an average volume of 4,870.
Based on the recent corporate insider activity of 10 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CAZGF in relation to earlier this year.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Ashok Leyland jumps 7% on steady Q1 results and GST buzz; brokerages see up to Rs 146 target
Ashok Leyland jumps 7% on steady Q1 results and GST buzz; brokerages see up to Rs 146 target

Business Upturn

time4 hours ago

  • Business Upturn

Ashok Leyland jumps 7% on steady Q1 results and GST buzz; brokerages see up to Rs 146 target

Ashok Leyland shares surged over 7% to ₹130.06 in Saturday's trade after the company posted a steady set of numbers for the June quarter. The Street cheered its operating performance, with brokerages turning increasingly positive on the counter and projecting further gains of up to 15 percent from the day's high. UBS reiterated a 'buy' call on the stock with a target price of ₹150, highlighting that the company delivered a margin beat driven by operational discipline. The brokerage noted that medium and heavy commercial vehicle (MHCV) growth is expected in mid-single digits, while light commercial vehicle (LCV) growth could be slightly stronger. International operations, which have been performing well, are expected to sustain their momentum. Importantly, Switch Mobility – Ashok Leyland's EV subsidiary – turned profit before tax (PBT) positive in the June quarter, marking a milestone for its clean mobility business. The company has lined up multiple product launches in the higher horsepower MHCV category, including 280–360 HP tippers, tractor trailers, and multi-axle vehicles, targeting demand from mining, construction, and logistics. A new bi-fuel LCV is also under development for metro markets, alongside upgraded offerings for exports. 'We believe these differentiated offerings will help Ashok Leyland strengthen pricing power, customer stickiness, and competitive positioning. With demand revival expected post-monsoon and a strong infrastructure push from the government, the company's expanded product pipeline positions it for sustainable growth,' said Choice Broking in a note. On the financial front, Ashok Leyland reported a net profit of ₹594 crore in Q1FY25, up 13 percent from ₹526 crore in the year-ago period. Revenue rose 1.5 percent year-on-year to ₹8,725 crore compared to ₹8,599 crore. Earnings before interest, tax, depreciation, and amortisation (EBITDA) stood at ₹970 crore, up 6.6 percent from ₹911 crore last year. Margins expanded to 11 percent from 10.6 percent in the same quarter a year ago, aided by cost control measures and favourable pricing trends. Also, the rally comes amid heightened optimism around the government's proposal to rationalise GST into a two-slab structure. According to reports, the government is weighing a flat 18% levy on mass-market vehicles, down from the current 28–31% (including cess). This would cover two-wheelers under 350cc, small cars up to 1,200cc, and select hybrid vehicles. Luxury cars and SUVs, however, are expected to continue under the top 40% GST slab. Such a cut could materially reduce vehicle prices, expand affordability for middle-income households, and provide a major festive season trigger for the automobile sector. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.

I Asked ChatGPT How To Turn $10 Into $1 Million: Here's What It Said
I Asked ChatGPT How To Turn $10 Into $1 Million: Here's What It Said

Yahoo

time11 hours ago

  • Yahoo

I Asked ChatGPT How To Turn $10 Into $1 Million: Here's What It Said

According to the latest Global Wealth Report from financial services firm UBS, there are nearly 24 million millionaires in the United States. With millionaires seemingly lurking around every corner, I wondered how I could join their ranks. Read More: Find Out: I asked ChatGPT how I could turn $10 into $1 million, here's what it said, and whether the advice is worth considering. Not Impossible When I asked ChatGPT to make me a millionaire by turning my $10 into $1 million, I was thrilled to hear it wasn't impossible. The chatbot, however, did acknowledge that it may require time, skill, and, often, some luck. The AI tool broke down my options for joining the financial elite into three overarching categories: realistic, long-term Strategies, moderate-risk, high-effort options, and high-risk, low probability paths. Discover Next: Realistic, Long-Term Strategies ChatGPT offered two long-term options for turning $10 into $1 million: investing in the stock market or starting a low-cost business. The chatbot recommended adding to the initial investment each month. It said that if $100 a month is invested in an S&P 500 index fund with ~10% annual return, I could become a millionaire in around 35 to 40 years as a result of compounding interest. While most financial experts agree that investing is the most solid way to grow wealth, it may take more than $10 to reach millionaire status. Market volatility may also derail the strategy. It is strongly recommended that hopeful investors meet with a financial advisor first to develop the right plan moving forward. According to Fidelity, potential investors should first determine what they are investing for, the most part retirement, before deciding on a stock. A financial professional can then help determine what account is best based on individual needs and goals. The second option suggested by ChatGPT was to start a low-cost business. This can be achieved, according to the online platform, by spending the $10 on a domain and then creating a blog or selling a digital product. While this may seem easy enough, in reality, it takes a level of expertise to get an online business started and even more to make it successful, given the crowded industry. Moderate-Risk, High-Effort Options The next set of options, as suggested by the popular chatbot, involves a little more risk and a lot more effort. In the moderate-risk category is flipping, arbitrage or skill-based work. As noted by the AI platform, the success of these depends on skill level, scale, and effort. Arbitrage involves the buying of an asset in a lower-priced market and selling it in a higher-priced market. ChatGPT recommended doing this via online marketplaces such as eBay and Craigslist. The other suggestion in this category is to spend the $10 on learning a new skill and then monetizing that skill. While perhaps oversimplified, this idea can be utilized by anyone. The Future of Jobs Report 2025 by the World Economic Forum noted that 39% of workers will see their existing skill sets transformed or even outdated over the next five years. Learning a new skill may not turn someone into a millionaire overnight, but it could make them more marketable. High-Risk, Low-Probability Paths The final pathway recommended by ChatGPT is best left to gamblers and those with incredibly good luck. In the high-risk, low-probability category is investing $10 in cryptocurrency or taking a chance on a penny stock. The second option is to gamble the money or buy a lottery ticket. As explained by the AI tool, opting in to these high-risk strategies will most likely just result in the loss of $10. More From GOBankingRates New Law Could Make Electricity Bills Skyrocket in These 4 States I'm a Self-Made Millionaire: 6 Ways I Use ChatGPT To Make a Lot of Money 5 Strategies High-Net-Worth Families Use To Build Generational Wealth Mark Cuban Says Trump's Executive Order To Lower Medication Costs Has a 'Real Shot' -- Here's Why This article originally appeared on I Asked ChatGPT How To Turn $10 Into $1 Million: Here's What It Said Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data

I Asked ChatGPT How To Turn $10 Into $1 Million: Here's What It Said
I Asked ChatGPT How To Turn $10 Into $1 Million: Here's What It Said

Yahoo

time11 hours ago

  • Yahoo

I Asked ChatGPT How To Turn $10 Into $1 Million: Here's What It Said

According to the latest Global Wealth Report from financial services firm UBS, there are nearly 24 million millionaires in the United States. With millionaires seemingly lurking around every corner, I wondered how I could join their ranks. Read More: Find Out: I asked ChatGPT how I could turn $10 into $1 million, here's what it said, and whether the advice is worth considering. Not Impossible When I asked ChatGPT to make me a millionaire by turning my $10 into $1 million, I was thrilled to hear it wasn't impossible. The chatbot, however, did acknowledge that it may require time, skill, and, often, some luck. The AI tool broke down my options for joining the financial elite into three overarching categories: realistic, long-term Strategies, moderate-risk, high-effort options, and high-risk, low probability paths. Discover Next: Realistic, Long-Term Strategies ChatGPT offered two long-term options for turning $10 into $1 million: investing in the stock market or starting a low-cost business. The chatbot recommended adding to the initial investment each month. It said that if $100 a month is invested in an S&P 500 index fund with ~10% annual return, I could become a millionaire in around 35 to 40 years as a result of compounding interest. While most financial experts agree that investing is the most solid way to grow wealth, it may take more than $10 to reach millionaire status. Market volatility may also derail the strategy. It is strongly recommended that hopeful investors meet with a financial advisor first to develop the right plan moving forward. According to Fidelity, potential investors should first determine what they are investing for, the most part retirement, before deciding on a stock. A financial professional can then help determine what account is best based on individual needs and goals. The second option suggested by ChatGPT was to start a low-cost business. This can be achieved, according to the online platform, by spending the $10 on a domain and then creating a blog or selling a digital product. While this may seem easy enough, in reality, it takes a level of expertise to get an online business started and even more to make it successful, given the crowded industry. Moderate-Risk, High-Effort Options The next set of options, as suggested by the popular chatbot, involves a little more risk and a lot more effort. In the moderate-risk category is flipping, arbitrage or skill-based work. As noted by the AI platform, the success of these depends on skill level, scale, and effort. Arbitrage involves the buying of an asset in a lower-priced market and selling it in a higher-priced market. ChatGPT recommended doing this via online marketplaces such as eBay and Craigslist. The other suggestion in this category is to spend the $10 on learning a new skill and then monetizing that skill. While perhaps oversimplified, this idea can be utilized by anyone. The Future of Jobs Report 2025 by the World Economic Forum noted that 39% of workers will see their existing skill sets transformed or even outdated over the next five years. Learning a new skill may not turn someone into a millionaire overnight, but it could make them more marketable. High-Risk, Low-Probability Paths The final pathway recommended by ChatGPT is best left to gamblers and those with incredibly good luck. In the high-risk, low-probability category is investing $10 in cryptocurrency or taking a chance on a penny stock. The second option is to gamble the money or buy a lottery ticket. As explained by the AI tool, opting in to these high-risk strategies will most likely just result in the loss of $10. More From GOBankingRates New Law Could Make Electricity Bills Skyrocket in These 4 States I'm a Self-Made Millionaire: 6 Ways I Use ChatGPT To Make a Lot of Money 5 Strategies High-Net-Worth Families Use To Build Generational Wealth 6 Big Shakeups Coming to Social Security in 2025 This article originally appeared on I Asked ChatGPT How To Turn $10 Into $1 Million: Here's What It Said Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store