Seek Bull Sees Mixed Operating Conditions -- Market Talk

Dow Jones

06/18

0204 GMT - Seek's bull at Citi sees mixed operating conditions for the Australian employment-marketplace operator. Analyst Siraj Ahmed estimates job-ad volumes across Australia and New Zealand so far in Seek's 2026 fiscal year are down 1.5% on year. He tells clients in a note that, with Citi economists forecasting one more interest-rate rise in Australia, there is also downside risk to consensus expectations of a 0.5% fiscal 2027 volume decline. However, he points out that Australian wages were up 4.1% on year in May, which should support Seek in raising prices. Citi has a buy rating on the stock and a target price of 24.15 Australian dollars. Shares are down 2.65% at A$13.57. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

June 17, 2026 22:04 ET (02:04 GMT)

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Analyst Siraj Ahmed estimates job-ad volumes across <a href=\"https://laohu8.com/S/AN3PF.AU\">Australia and New Zealand</a> so far in Seek's 2026 fiscal year are down 1.5% on year. He tells clients in a note that, with Citi economists forecasting one more interest-rate rise in Australia, there is also downside risk to consensus expectations of a 0.5% fiscal 2027 volume decline. However, he points out that Australian wages were up 4.1% on year in May, which should support Seek in raising prices. Citi has a buy rating on the stock and a target price of 24.15 Australian dollars. Shares are down 2.65% at A$13.57. 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Analyst Siraj Ahmed estimates job-ad volumes across <a href=\"https://laohu8.com/S/AN3PF.AU\">Australia and New Zealand</a> so far in Seek's 2026 fiscal year are down 1.5% on year. He tells clients in a note that, with Citi economists forecasting one more interest-rate rise in Australia, there is also downside risk to consensus expectations of a 0.5% fiscal 2027 volume decline. However, he points out that Australian wages were up 4.1% on year in May, which should support Seek in raising prices. Citi has a buy rating on the stock and a target price of 24.15 Australian dollars. Shares are down 2.65% at A$13.57. (stuart.condie@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 17, 2026 22:04 ET (02:04 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7002","symbol_name":"互动媒体与服务","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2644775446","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2644775446","pubTimestamp":1781748240,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0204 GMT - Seek's bull at Citi sees mixed operating conditions for the Australian employment-marketplace operator. 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Analyst Siraj Ahmed estimates job-ad volumes across Australia and New Zealand so far in Seek's 2026 fiscal year are down 1.5% on year. He tells clients in a note that, with Citi economists forecasting one more interest-rate rise in Australia, there is also downside risk to consensus expectations of a 0.5% fiscal 2027 volume decline. However, he points out that Australian wages were up 4.1% on year in May, which should support Seek in raising prices. Citi has a buy rating on the stock and a target price of 24.15 Australian dollars. Shares are down 2.65% at A$13.57. 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