Latest news with #PlatinumAssetManagementLtd
Business Insider
07-05-2025
- Business
- Business Insider
Platinum Asset Management Ltd (PIJ) was downgraded to a Sell Rating at Bell Potter
Bell Potter analyst Marcus Barnard downgraded Platinum Asset Management Ltd (PIJ – Research Report) to a Sell today and set a price target of A$0.52. The company's shares closed last Friday at €0.37. 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, Barnard is a 2-star analyst with an average return of -0.8% and a 50.98% success rate. Platinum Asset Management Ltd has an analyst consensus of Moderate Sell, with a price target consensus of €0.31, which is a -15.76% downside from current levels. In a report released on May 5, UBS also maintained a Sell rating on the stock with a A$0.50 price target. The company has a one-year high of €0.75 and a one-year low of €0.28. Currently, Platinum Asset Management Ltd has an average volume of 14.75K.
Business Insider
06-05-2025
- Business
- Business Insider
Platinum Asset Management Ltd (PIJ) Receives a Sell from Goldman Sachs
In a report released on May 1, Julian Braganza from Goldman Sachs maintained a Sell rating on Platinum Asset Management Ltd (PIJ – Research Report), with a price target of A$0.56. The company's shares closed last Friday at €0.37. 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, Braganza is a 4-star analyst with an average return of 9.2% and a 65.14% success rate. Braganza covers the Financial sector, focusing on stocks such as QBE Insurance Group Limited, Insurance Australia Group Limited, and Suncorp Group. In addition to Goldman Sachs, Platinum Asset Management Ltd also received a Sell from UBS's Fraser Noye in a report issued today. However, on May 2, Bell Potter maintained a Hold rating on Platinum Asset Management Ltd (Frankfurt: PIJ).
Business Insider
06-05-2025
- Business
- Business Insider
Jarden Remains a Hold on Platinum Asset Management Ltd (PIJ)
Jarden analyst Elizabeth Miliatis maintained a Hold rating on Platinum Asset Management Ltd (PIJ – Research Report) on May 2 and set a price target of A$0.54. The company's shares closed last Friday at €0.37. 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. Currently, the analyst consensus on Platinum Asset Management Ltd is a Moderate Sell with an average price target of €0.31, which is a -15.76% downside from current levels. In a report released on May 2, Bell Potter also maintained a Hold rating on the stock with a A$0.58 price target. Based on Platinum Asset Management Ltd's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of €76.57 million and a net profit of €15.95 million. In comparison, last year the company earned a revenue of €97.91 million and had a net profit of €567.22 million
Business Insider
05-05-2025
- Business
- Business Insider
UBS Keeps Their Sell Rating on Platinum Asset Management Ltd (PIJ)
In a report released today, Fraser Noye from UBS maintained a Sell rating on Platinum Asset Management Ltd (PIJ – Research Report), with a price target of A$0.50. The company's shares closed last Friday at €0.37. 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. Currently, the analyst consensus on Platinum Asset Management Ltd is a Moderate Sell with an average price target of €0.31. The company has a one-year high of €0.75 and a one-year low of €0.28. Currently, Platinum Asset Management Ltd has an average volume of 14.75K.
Business Insider
04-05-2025
- Business
- Business Insider
Bell Potter Reaffirms Their Hold Rating on Platinum Asset Management Ltd (PIJ)
Bell Potter analyst Marcus Barnard maintained a Hold rating on Platinum Asset Management Ltd (PIJ – Research Report) on May 2 and set a price target of A$0.58. The company's shares closed last Friday at €0.37. 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, Barnard is an analyst with an average return of -2.9% and a 49.02% success rate. Currently, the analyst consensus on Platinum Asset Management Ltd is a Moderate Sell with an average price target of €0.31. Based on Platinum Asset Management Ltd's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of €76.57 million and a net profit of €15.95 million. In comparison, last year the company earned a revenue of €97.91 million and had a net profit of €567.22 million
