Premier Investments' Bull Sees Multiple Catalysts -- Market Talk

Dow Jones
Mar 17

0003 GMT - Premier Investments' bull at Macquarie sees a stack of potential catalysts for the Australian retail conglomerate's share price. An analysis from one of the investment bank's analysts suggests Premier's Peter Alexander sleepwear brand is trading at a 62% discount to listed peers. With this in mind, improved disclosure of brand earnings, improved trading, and an uplift to U.K. consumer sentiment are all seen by the analysts as events that could move the dial on valuation. A sale of the underperforming Smiggle stationery chain or Premier's stake in small-appliance maker Breville are among other potential catalysts, the note adds. Macquarie has an outperform rating and A$16.20 target price on the stock, which is flat at A$12.29. (stuart.condie@wsj.com)

 

(END) Dow Jones Newswires

March 16, 2026 20:03 ET (00:03 GMT)

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