Investors Should Wait Before Buying Premier Investments -- Market Talk

Dow Jones
12/08

0018 GMT - Investors would be wise to wait for Premier Investments' next update before jumping on the Australian retailer's beaten-down stock, Macquarie analysts say. They concede that the stock looks cheap following its 16% dive at the end of last week, but tell clients in a note that they don't know how deeply the company's challenges run. They want more detail from the Australian company about whether weakness in consumer spending is confined to its Smiggle stationery business. The worry is that it extends to the Peter Alexander sleepwear chain. Macquarie cuts its target price 22% to A$16.20 and stays neutral on the stock, which is down 0.3% at A$15.175. (stuart.condie@wsj.com)

 

(END) Dow Jones Newswires

December 07, 2025 19:18 ET (00:18 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

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