JB Hi-fi Loses Bull as Risk-reward Balances

Dow Jones
06/30

0338 GMT - JB Hi-Fi is downgraded to neutral, from buy, by UBS which thinks consensus hopes for the electronics retailer's earnings may be too high. JB Hi-Fi's stock has fallen some 27% over the past 12 months. Still, analyst Shaun Cousins says its stock currently offers "a balanced rather than attractive risk reward." UBS lowers its earnings estimates to reflect the concerns of heightened competitive activity noted by JB Hi-Fi at its 3Q sales update. Its FY26 EPS view falls by 1.1%, with its FY27 forecast down 3.1%. "Upside risks to our view would be if the Officeworks competition is more short lived, while downside risks to our view would be if the Officeworks technology focus proves very successful," UBS says. Officeworks is owned by ASX-listed Wesfarmers. (david.winning@wsj.com; @dwinningWSJ)

 

(END) Dow Jones Newswires

June 29, 2026 23:38 ET (03:38 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