Latest news with #AdrianLemme
Business Insider
22-07-2025
- Business
- Business Insider
JB Hi-Fi Limited (JBH) Receives a Buy from Citi
Citi analyst Adrian Lemme maintained a Buy rating on JB Hi-Fi Limited today and set a price target of A$110.00. The company's shares opened today at A$105.91. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Lemme is a 4-star analyst with an average return of 9.2% and a 65.08% success rate. Lemme covers the Consumer Cyclical sector, focusing on stocks such as Super Retail Group Limited, Wesfarmers Limited, and JB Hi-Fi Limited. Currently, the analyst consensus on JB Hi-Fi Limited is a Hold with an average price target of A$93.39.
Business Insider
22-07-2025
- Business
- Business Insider
Wesfarmers Limited (WFAFF) Gets a Sell from Citi
Citi analyst Adrian Lemme maintained a Sell rating on Wesfarmers Limited today and set a price target of A$60.00. The company's shares closed last Thursday at $55.00. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Lemme covers the Consumer Cyclical sector, focusing on stocks such as Super Retail Group Limited, Wesfarmers Limited, and JB Hi-Fi Limited. According to TipRanks, Lemme has an average return of 9.2% and a 65.08% success rate on recommended stocks. Wesfarmers Limited has an analyst consensus of Moderate Sell, with a price target consensus of $48.27. Based on Wesfarmers Limited's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $23.49 billion and a net profit of $1.47 billion. In comparison, last year the company earned a revenue of $22.62 billion and had a net profit of $1.43 billion
Business Insider
10-07-2025
- Business
- Business Insider
Citi downgrades Jumbo Interactive Limited (JUB) to a Hold
Jumbo Interactive Limited received a Hold rating and an A$11.30 price target from Citi analyst Adrian Lemme today. The company's shares closed last Monday at €5.25. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Lemme is a 4-star analyst with an average return of 9.1% and a 65.08% success rate. Lemme covers the Consumer Cyclical sector, focusing on stocks such as Super Retail Group Limited, Aristocrat Leisure , and Wesfarmers Limited. Currently, the analyst consensus on Jumbo Interactive Limited is a Moderate Buy with an average price target of €6.98, implying a 32.95% upside from current levels. In a report released yesterday, J.P. Morgan also maintained a Hold rating on the stock with a A$11.00 price target.
Herald Sun
03-07-2025
- Business
- Herald Sun
Eye-watering $75m jackpot Aussies have a chance at winning
Don't miss out on the headlines from Money. Followed categories will be added to My News. Australians could have a chance at pocketing a $75 million jackpot after the figure climbed even higher when no one won it at $43m. Tickets in the next draw of the $75m European Jackpot are available to Aussies via local company The Lottery Office until midnight AEST on Friday, July 4. The luckiest numbers heading for the Main Number are 1, 17, 12, and 14, with the highest drawn first supplementary numbers being 5, 3, 1 and 2. The luckiest second supplementary numbers are 12, followed by 10 and 9. It comes after a NSW man won $10k after coming within one number of winning $43 million in last weekend's draw of the European Jackpot. The close call resulted in a Division 4 prize of $10,655 after the 61-year-old only paid $52.50 for his ticket. 'I will take my wife for dinner tonight. She's on crutches, she just got some pins and screws taken out of her ankle, so it's my shout this one,' the winner said. Tickets in the next draw of the $75m European Jackpot are available to Aussies via local company The Lottery Office until midnight AEST on Friday, July 4. He then said he had plans to go on a holiday with his winnings. 'Looking forward to slowing down a bit, and this money will make it a little more enjoyable,' he added. The Lottery Office Chief Executive Officer Jaclyn Wood said Aussies were still in it to win it as last weekend's $43m jackpot rolled over to $75m this weekend. 'The man was one number off the entire jackpot, and with another draw coming this weekend, it could be an Aussie who goes one number better to walk away with the $75 million European Jackpot,' she said. With eight of the top 10 cities with the highest proportion of playing customers compared to the population being located in NSW, another NSW winner could very well be on the cards. However, taking the lead for the most active hotspot for the European Jackpot was Southport in Queensland. It comes as Australia's largest lottery operator and one of the highest-performing lottery businesses in the world, The Lottery Corporation, is expected to report a 13 per cent decline in earnings to $628 million, according to a note from Citi analyst Adrian Lemme to investors. With its full year results due next month, Powerball sales have deteriorated further over May and June given fewer blockbuster jackpots, Citi's report said. Some of this may represent cannabilisation with Oz Lotto due to two factors including larger jackpots in that game generating more interest from punters. It may also be due to some unwinding of excitement which included a $200 million and two $150 million jackpots earlier this year. They said they expect the weakness in Powerball's sales to carry through to the first half of the new financial year.
Business Insider
24-06-2025
- Business
- Business Insider
Morgan Stanley Reaffirms Their Hold Rating on Metcash Limited (MCSHF)
Morgan Stanley analyst Mac Ross maintained a Hold rating on Metcash Limited (MCSHF – Research Report) today and set a price target of A$3.75. The company's shares closed last Tuesday at $2.18. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter In addition to Morgan Stanley, Metcash Limited also received a Hold from Citi's Adrian Lemme in a report issued today. However, on the same day, UBS maintained a Buy rating on Metcash Limited (Other OTC: MCSHF). The company has a one-year high of $2.85 and a one-year low of $1.53. Currently, Metcash Limited has an average volume of 9,450.
