Perpetual Looks Oversold to Its New Bulls -- Market Talk

Dow Jones

Jul 02, 2025

0059 GMT - Perpetual gets upgraded to buy from neutral at UBS, where analysts think that the stock is oversold despite the potential for management to unlock value through divestments. With the investment manager looking to divest its wealth and corporate businesses, the investment bank's analysts tell clients in a note that Perpetual would de-gear its balance sheet proceeds from a wealth sale. There is an active sale process on the unit, they add. The stock is trading at 10 times UBS's FY 2026 EPS forecast, which the analysts think undervalues the business on a sum-of-the-parts basis. UBS raises its target price 18% to A$22.50. Shares are up 10% at A$20.40. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

July 01, 2025 20:59 ET (00:59 GMT)

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With the investment manager looking to divest its wealth and corporate businesses, the investment bank's analysts tell clients in a note that Perpetual would de-gear its balance sheet proceeds from a wealth sale. There is an active sale process on the unit, they add. The stock is trading at 10 times UBS's FY 2026 EPS forecast, which the analysts think undervalues the business on a sum-of-the-parts basis. UBS raises its target price 18% to A$22.50. Shares are up 10% at A$20.40. 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With the investment manager looking to divest its wealth and corporate businesses, the investment bank's analysts tell clients in a note that Perpetual would de-gear its balance sheet proceeds from a wealth sale. There is an active sale process on the unit, they add. The stock is trading at 10 times UBS's FY 2026 EPS forecast, which the analysts think undervalues the business on a sum-of-the-parts basis. UBS raises its target price 18% to A$22.50. Shares are up 10% at A$20.40. (stuart.condie@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 01, 2025 20:59 ET (00:59 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":"BK7062","symbol_name":"资产管理与托管银行","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2548831696","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2548831696","pubTimestamp":1751417940,"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":"0059 GMT - Perpetual gets upgraded to buy from neutral at UBS, where analysts think that the stock is oversold despite the potential for management to unlock value through divestments. 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