Latest news with #Bendigo&AdelaideBank
Business Insider
25-05-2025
- Business
- Business Insider
Analysts Have Conflicting Sentiments on These Financial Companies: Insurance Australia Group Limited (OtherIAUGF) and Bendigo & Adelaide Bank (OtherBXRBF)
Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Insurance Australia Group Limited (IAUGF – Research Report) and Bendigo & Adelaide Bank (BXRBF – Research Report). Confident Investing Starts Here: Insurance Australia Group Limited (IAUGF) In a report issued on May 23, Simon Fitzgerald from Jefferies maintained a Buy rating on Insurance Australia Group Limited, with a price target of A$9.80. The company's shares closed last Friday at $5.42, close to its 52-week high of $5.60. According to Fitzgerald is ranked #3433 out of 9562 analysts. Insurance Australia Group Limited has an analyst consensus of Moderate Buy, with a price target consensus of $5.77, a 6.4% upside from current levels. In a report issued on May 15, J.P. Morgan also maintained a Buy rating on the stock with a A$8.90 price target. Jefferies analyst Andrew Lyons maintained a Sell rating on Bendigo & Adelaide Bank on May 23 and set a price target of A$8.93. The company's shares closed last Tuesday at $6.55.
Business Insider
30-04-2025
- Business
- Business Insider
Bendigo & Adelaide Bank (BXRBF) was upgraded to a Hold Rating at UBS
Bendigo & Adelaide Bank (BXRBF – Research Report) received a Hold rating and an A$11.00 price target from UBS analyst John Storey today. 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. Storey covers the Financial sector, focusing on stocks such as Bendigo & Adelaide Bank, Macquarie Group Limited, and National Australia Bank Limited. According to TipRanks, Storey has an average return of -9.9% and a 30.77% success rate on recommended stocks. Bendigo & Adelaide Bank has an analyst consensus of Moderate Sell, with a price target consensus of $6.62. Based on Bendigo & Adelaide Bank's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $964.6 million and a net profit of $216.8 million. In comparison, last year the company earned a revenue of $2.44 billion and had a net profit of $282.3 million Based on the recent corporate insider activity of 12 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 BXRBF in relation to earlier this year.
