BUZZ-Citi upbeat on Australia's Baby Bunting outlook as birth rate rebounds

Reuters
2025/10/16
BUZZ-Citi upbeat on Australia's <a href="https://laohu8.com/S/BBN.AU">Baby Bunting</a> outlook as birth rate rebounds

** Analysts at Citi see the rebound in Australia's birth rate as positive for maternity and baby goods retailer Baby Bunting Group BBN.AX

** Brokerage maintains both "buy" rating on stock and target price of A$3.52

** Mentions official data of Australia seeing a +2% increase in registered births in 2024, which is "positive for Baby Bunting's CY25/CY26 sales" in Citi's opinion

** We see a number of self-help initiatives for Baby Bunting to drive medium-term earnings growth — Citi

** However, brokerage still flags early caution for stock, given there is a long tail of stores to be refurbished, among other issues

** Stock up 66.7% YTD, as of last close

(Reporting by Shivangi Lahiri in Bengaluru)

((shivangi.lahiri@thomsonreuters.com))

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10