Peet Shares' Muted Response to Upgrade Likely Due to Easing Rate-Cut Hopes, Euroz Says

MT Newswires Live
Dec 04, 2025

Peet (ASX:PPC) muted share response after its upgrade likely reflects easing market expectations for further interest-rate cuts, according to a Thursday note by Euroz Hartleys.

In November, the company said it expects fiscal year 2026 net profit after tax of between AU$74 million and AU$78 million, representing growth of 26% to 34% compared with 2025, supported by strong operational performance and favourable macroeconomic conditions.

Euroz maintained the company's buy rating but raised its price target to AU$2.56 from AU$2.24.

Shares of the company fell 3% at market close.

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

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