NAB Keeps Bulls Despite Softer Near-Term Outlook

Dow Jones
08/18

0419 GMT - National Australia Bank is still a buy at UBS despite a softening in the lender's near-term profit outlook. Analysts at the investment bank trim their full-year cash profit forecast by 2.4% on slightly lower margin and volume expectations, but maintain a buy rating on the stock. They tell clients in a note that NAB's large relative exposure to business banking remains core to their thesis. They say that the 5% share-price drop that greeted the lender's third-quarter update was overdone, and that they see little evidence so far of a marked deterioration in asset quality or losses. Target price falls 3.0% to 48.50 Australian dollars. Shares are down 0.9% at A$39.11.

 

應版權方要求,你需要登入查看該內容

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