Latest news with #Buncombe
Business Insider
5 days ago
- Business
- Business Insider
Macquarie Remains a Hold on AMP (AMLTF)
Macquarie analyst Andrew Buncombe maintained a Hold rating on AMP today and set a price target of A$1.70. The company's shares closed last Tuesday at $1.35. 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. According to TipRanks, Buncombe is a 4-star analyst with an average return of 9.7% and a 74.14% success rate. Buncombe covers the Financial sector, focusing on stocks such as NIB Holdings Ltd, Insurance Australia Group Limited, and Suncorp Group. In addition to Macquarie, AMP also received a Hold from UBS's Shreyas Patel CFA in a report issued today. However, on the same day, Citi maintained a Buy rating on AMP (Other OTC: AMLTF). Based on AMP 's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.29 billion and a net profit of $83 million. In comparison, last year the company earned a revenue of $1.14 billion and had a GAAP net loss of $34 million
Business Insider
07-07-2025
- Business
- Business Insider
Macquarie Reaffirms Their Hold Rating on Medibank Private (MDBPF)
In a report released today, Andrew Buncombe from Macquarie maintained a Hold rating on Medibank Private, with a price target of A$4.50. The company's shares closed last Tuesday at $3.22. 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, Buncombe is a 4-star analyst with an average return of 10.6% and a 72.73% success rate. Buncombe covers the Financial sector, focusing on stocks such as NIB Holdings Ltd, ASX , and Insurance Australia Group Limited. In addition to Macquarie, Medibank Private also received a Hold from Jarden's Daniel Bui in a report issued on July 3. However, on July 1, Morgan Stanley upgraded Medibank Private (Other OTC: MDBPF) to a Buy. Based on Medibank Private's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $4.39 billion and a net profit of $340.3 million. In comparison, last year the company earned a revenue of $4.09 billion and had a net profit of $343.2 million
Business Insider
03-07-2025
- Business
- Business Insider
Macquarie Sticks to Its Buy Rating for AMP (AMLTF)
Macquarie analyst Andrew Buncombe maintained a Buy rating on AMP today and set a price target of A$1.44. The company's shares closed last Monday at $0.81. 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, Buncombe is a 4-star analyst with an average return of 10.9% and a 72.22% success rate. Buncombe covers the Financial sector, focusing on stocks such as NIB Holdings Ltd, ASX , and Insurance Australia Group Limited. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for AMP with a $0.91 average price target. AMLTF market cap is currently $2.11B and has a P/E ratio of 17.90. Based on the recent corporate insider activity of 8 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 AMLTF in relation to earlier this year.
Business Insider
25-06-2025
- Business
- Business Insider
ASX (ASXFF) Receives a Hold from Macquarie
In a report released today, Andrew Buncombe from Macquarie maintained a Hold rating on ASX (ASXFF – Research Report), with a price target of A$66.00. The company's shares closed last Tuesday at $45.35. 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 According to TipRanks, Buncombe is a 4-star analyst with an average return of 11.9% and a 79.25% success rate. Buncombe covers the Financial sector, focusing on stocks such as ASX , NIB Holdings Ltd, and Insurance Australia Group Limited. In addition to Macquarie, ASX also received a Hold from Jefferies's Simon Fitzgerald in a report issued on June 17. However, on June 19, Morgan Stanley maintained a Sell rating on ASX (Other OTC: ASXFF). The company has a one-year high of $50.05 and a one-year low of $36.25. Currently, ASX has an average volume of 611.
Business Insider
16-06-2025
- Business
- Business Insider
NIB Holdings Ltd (3GU) Gets a Sell from Macquarie
In a report released today, Andrew Buncombe from Macquarie maintained a Sell rating on NIB Holdings Ltd (3GU – Research Report), with a price target of A$5.55. The company's shares closed last Friday at €3.46. 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 Buncombe covers the Financial sector, focusing on stocks such as Insurance Australia Group Limited, NIB Holdings Ltd, and Suncorp Group. According to TipRanks, Buncombe has an average return of 11.7% and a 78.85% success rate on recommended stocks. Currently, the analyst consensus on NIB Holdings Ltd is a Moderate Buy with an average price target of €4.01. Based on NIB Holdings Ltd's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of €1.84 billion and a net profit of €82.9 million. In comparison, last year the company earned a revenue of €1.68 billion and had a net profit of €106.4 million Based on the recent corporate insider activity of 8 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 3GU in relation to earlier this year.
