Judo Capital Bull Sees Some Sign of Emerging Stress -- Market Talk
Dow Jones
Feb 17
0109 GMT - Judo Capital's bull at Jefferies sees some signs of stress in the Australian business lender's loan book. Analyst Andrew Lyons tells clients in a note that impaired-asset quality trends in Judo's first-half result are generally positive, but warns of emerging stress hinted at by an uptick in non-performing loans relative to the size of the overall lending portfolio. However, Judo's exposure to the most problematic sectors appears small or highly secured, he adds. Jefferies has a last-published buy rating and A$2.29 target price on the stock, which is up 4.9% at A$1.94. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
February 16, 2026 20:09 ET (01:09 GMT)
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