BUZZ-Australia's HMC Capital rises as Morgan Stanley raises PT to Street-high

Reuters
2024-12-12

(Updates with share moves) ** Shares of HMC Capital rise as much as 5.9% to A$12.390 after Morgan Stanley raises price target to Street-high of $12.98 from $10.95

** Brokerage sees increase in HMC's assets under management citing underwritten establishment of DigiCo REIT with AUM of A$4 bln ($2.55 bln), and the progress of Energy Transition Fund

** Also sees higher FY25 pre-tax earnings of 71.4 AU cents per share, reflecting better month-on-month trading update for November

** Stock among top gainers on the benchmark S&P/ASX 200

index which is flat

** Average rating of seven brokerages is a "hold;" median PT is A$8.94 — LSEG

** As of last close, stock up 89.9% YTD

($1 = 1.5704 Australian dollars)

(Reporting by Aaditya Govind Rao and Nichiket Sunil in Bengaluru) ((Nichiket.Sunil@thomsonreuters.com))

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

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