Pexa Keeps Bull Despite Slower U.K. Engagement -- Market Talk

Dow Jones

Mar 05, 2025

2335 GMT - Pexa's bull at Macquarie stays positive on the real-estate settlement provider despite its acknowledgement that engagement with U.K. lenders has been slower than expected. The Australian company's operational progress in the U.K. is among the supporting factors in the stock's continued outperform rating, with interest from so-called tier-two and tier-three lenders seen as good. The investment bank's analysts are less positive on Pexa's progress with tier-one lenders. However, first-half group revenue was in line with expectations at Macquarie, where higher margins and improved cash flow are also seen positively. Macquarie raises its target price 0.5% to A$14.72. Shares are down 1.3% at A$11.58. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

March 04, 2025 18:35 ET (23:35 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2517938938"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2517938938\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2517938938?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-03-05 07:35","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2517938938","market":"fut","top_or_hot":-1,"title":"Pexa Keeps Bull Despite Slower U.K. Engagement -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     2335 GMT - Pexa's bull at <a href=\"https://laohu8.com/S/MQG.AU\">Macquarie</a> stays positive on the real-estate settlement provider despite its acknowledgement that engagement with U.K. lenders has been slower than expected. The Australian company's operational progress in the U.K. is among the supporting factors in the stock's continued outperform rating, with interest from so-called tier-two and tier-three lenders seen as good. The investment bank's analysts are less positive on Pexa's progress with tier-one lenders. However, first-half group revenue was in line with expectations at Macquarie, where higher margins and improved cash flow are also seen positively. Macquarie raises its target price 0.5% to A$14.72. Shares are down 1.3% at A$11.58. (stuart.condie@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 04, 2025 18:35 ET (23:35 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>Pexa Keeps Bull Despite Slower U.K. Engagement -- 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\">\nPexa Keeps Bull Despite Slower U.K. Engagement -- 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\">2025-03-05 07:35</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     2335 GMT - Pexa's bull at <a href=\"https://laohu8.com/S/MQG.AU\">Macquarie</a> stays positive on the real-estate settlement provider despite its acknowledgement that engagement with U.K. lenders has been slower than expected. The Australian company's operational progress in the U.K. is among the supporting factors in the stock's continued outperform rating, with interest from so-called tier-two and tier-three lenders seen as good. The investment bank's analysts are less positive on Pexa's progress with tier-one lenders. However, first-half group revenue was in line with expectations at Macquarie, where higher margins and improved cash flow are also seen positively. Macquarie raises its target price 0.5% to A$14.72. Shares are down 1.3% at A$11.58. (stuart.condie@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 04, 2025 18:35 ET (23:35 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":"PXA.AU","symbol_name":"PEXA Group Ltd","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2517938938","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2517938938","pubTimestamp":1741131300,"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":"2335 GMT - Pexa's bull at Macquarie stays positive on the real-estate settlement provider despite its acknowledgement that engagement with U.K. lenders has been slower than expected. The Australian company's operational progress in the U.K. is among the supporting factors in the stock's continued outperform rating, with interest from so-called tier-two and tier-three lenders seen as good. The investment bank's analysts are less positive on Pexa's progress with tier-one lenders. However, first-half group revenue was in line with expectations at Macquarie, where higher margins and improved cash flow are also seen positively. Macquarie raises its target price 0.5% to A$14.72. Shares are down 1.3% at A$11.58. ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"PXA.AU":"PEXA Group Ltd"},"translate_title":"尽管英国参与放缓，Pexa仍保持牛市——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PXA.AU":0.9},"content_text":"2335 GMT - Pexa's bull at Macquarie stays positive on the real-estate settlement provider despite its acknowledgement that engagement with U.K. lenders has been slower than expected. The Australian company's operational progress in the U.K. is among the supporting factors in the stock's continued outperform rating, with interest from so-called tier-two and tier-three lenders seen as good. The investment bank's analysts are less positive on Pexa's progress with tier-one lenders. However, first-half group revenue was in line with expectations at Macquarie, where higher margins and improved cash flow are also seen positively. Macquarie raises its target price 0.5% to A$14.72. Shares are down 1.3% at A$11.58. (stuart.condie@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 04, 2025 18:35 ET (23:35 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"}}}