Generation Development's Dec Quarter Keeps MS Bulls Onside -- Market Talk

Dow Jones

Jan 28

2345 GMT - Generation Development Group's strong December quarter helps keep Morgan Stanley analysts bullish on the Australian funds manager. GDG's funds under management were stronger than forecast by the MS analysts, who write in a note that they see three potential positive catalysts for the stock. First of all, they reckon that GDG is well-placed for inclusion in the S&P/ASX 300 stock index, which would increase its visibility to investors and introduce it to more index-linked portfolios. They also see potential for further accretive M&A, and the acceleration of net inflows. The latter is the most important driver of share price, they add. MS lifts its target price 3.2% to A$4.90 and reiterates its buy rating. Shares are down 0.2% at A$4.31. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

January 27, 2025 18:45 ET (23:45 GMT)

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GDG's funds under management were stronger than forecast by the MS analysts, who write in a note that they see three potential positive catalysts for the stock. First of all, they reckon that GDG is well-placed for inclusion in the S&amp;P/ASX 300 stock index, which would increase its visibility to investors and introduce it to more index-linked portfolios. They also see potential for further accretive M&amp;A, and the acceleration of net inflows. The latter is the most important driver of share price, they add. MS lifts its target price 3.2% to A$4.90 and reiterates its buy rating. Shares are down 0.2% at A$4.31. (stuart.condie@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 27, 2025 18:45 ET (23:45 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Generation Development's Dec Quarter Keeps MS Bulls Onside -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGeneration Development's Dec Quarter Keeps MS Bulls Onside -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-01-28 07:45</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     2345 GMT - Generation Development Group's strong December quarter helps keep Morgan Stanley analysts bullish on the Australian funds manager. GDG's funds under management were stronger than forecast by the MS analysts, who write in a note that they see three potential positive catalysts for the stock. First of all, they reckon that GDG is well-placed for inclusion in the S&amp;P/ASX 300 stock index, which would increase its visibility to investors and introduce it to more index-linked portfolios. They also see potential for further accretive M&amp;A, and the acceleration of net inflows. The latter is the most important driver of share price, they add. MS lifts its target price 3.2% to A$4.90 and reiterates its buy rating. Shares are down 0.2% at A$4.31. (stuart.condie@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 27, 2025 18:45 ET (23:45 GMT)\n</p>\n<p>\n  Copyright (c) 2025 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":"GDG.AU","symbol_name":"GENERATION DEVELOPMENT GROUP","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2506061531","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2506061531","pubTimestamp":1738021500,"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":"2345 GMT - Generation Development Group's strong December quarter helps keep Morgan Stanley analysts bullish on the Australian funds manager. GDG's funds under management were stronger than forecast by the MS analysts, who write in a note that they see three potential positive catalysts for the stock. First of all, they reckon that GDG is well-placed for inclusion in the S&P/ASX 300 stock index, which would increase its visibility to investors and introduce it to more index-linked portfolios. They also see potential for further accretive M&A, and the acceleration of net inflows. The latter is the most important driver of share price, they add. MS lifts its target price 3.2% to A$4.90 and reiterates its buy rating. Shares are down 0.2% at A$4.31. ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"GDG.AU":"GENERATION DEVELOPMENT GROUP"},"translate_title":"Generation Development的12月份季度让MS多头保持观望——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GDG.AU":0.9},"content_text":"2345 GMT - Generation Development Group's strong December quarter helps keep Morgan Stanley analysts bullish on the Australian funds manager. GDG's funds under management were stronger than forecast by the MS analysts, who write in a note that they see three potential positive catalysts for the stock. First of all, they reckon that GDG is well-placed for inclusion in the S&P/ASX 300 stock index, which would increase its visibility to investors and introduce it to more index-linked portfolios. They also see potential for further accretive M&A, and the acceleration of net inflows. The latter is the most important driver of share price, they add. MS lifts its target price 3.2% to A$4.90 and reiterates its buy rating. Shares are down 0.2% at A$4.31. (stuart.condie@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 27, 2025 18:45 ET (23:45 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}