Seek Bull Anticipates Outperformance When Rates Fall -- Market Talk

Dow Jones
06/19

0302 GMT - Seek's bull at Bell Potter sees the Australian job advertiser being well placed to outperform once the central bank starts cutting interest rates. Pointing to the stock's track record against a backdrop of falling rates in 2014 and 2020, analyst Michael Ardrey maintains his buy rating on the stock. He tells clients in a note that, in the meantime, demand for jobs remains positive, with applications per ad up 5.5% on year in May. Another positive he sees is Seek's potential capacity for M&A, debt reduction or product investment, thanks to an upcoming liquidity window in which it can redeem units in its growth fund. Bell Potter's target price stays at 18.60 Australian dollars. Shares are up 0.9% at A$13.455. (stuart.condie@wsj.com)

 

(END) Dow Jones Newswires

June 18, 2026 23:02 ET (03:02 GMT)

Copyright (c) 2026 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