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MA Financial Group Sticks to Its Buy Rating for IPD Group Ltd (IPG)
MA Financial Group Sticks to Its Buy Rating for IPD Group Ltd (IPG)

Business Insider

time4 days ago

  • Business
  • Business Insider

MA Financial Group Sticks to Its Buy Rating for IPD Group Ltd (IPG)

In a report released on May 30, Matthew Chen CFA from MA Financial Group maintained a Buy rating on IPD Group Ltd (IPG – Research Report), with a price target of A$4.21. 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, Chen CFA is a 5-star analyst with an average return of 21.9% and a 66.67% success rate. Chen CFA covers the Industrials sector, focusing on stocks such as Acrow Formwork and Construction Services Limited, Southern Cross Electrical Engineering Limited, and NRW Holdings Limited. In addition to MA Financial Group, IPD Group Ltd also received a Buy from Bell Potter's Joseph House in a report issued on May 29. However, on the same day, PAC Partners maintained a Hold rating on IPD Group Ltd (ASX: IPG).

MA Financial Group Keeps Their Buy Rating on Acrow Formwork and Construction Services Limited (59Y)
MA Financial Group Keeps Their Buy Rating on Acrow Formwork and Construction Services Limited (59Y)

Business Insider

time05-05-2025

  • Business
  • Business Insider

MA Financial Group Keeps Their Buy Rating on Acrow Formwork and Construction Services Limited (59Y)

MA Financial Group analyst Matthew Chen CFA maintained a Buy rating on Acrow Formwork and Construction Services Limited (59Y – Research Report) on May 1 and set a price target of A$1.44. The company's shares closed last Friday at €0.59. 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, Chen CFA is ranked #758 out of 9371 analysts. The word on The Street in general, suggests a Strong Buy analyst consensus rating for Acrow Formwork and Construction Services Limited with a €0.79 average price target, representing a 35.04% upside. In a report released on May 2, Morgans also maintained a Buy rating on the stock with a A$1.32 price target.

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