Challenger Ltd Rating Reiterated by UBS AG (CGF)
Challenger Ltd (ASX:CGF)‘s stock had its “buy” rating reaffirmed by equities research analysts at UBS AG in a research note issued to investors on Tuesday, StockRatingsNetwork.com reports. They currently have a $309.00 target price on the stock.
Other equities research analysts have also recently issued reports about the stock. Analysts at Morningstar reiterated an “accumulate” rating on shares of Challenger Ltd in a research note to investors on Friday, July 19th.
Challenger Ltd (ASX:CGF) traded up 0.39% during mid-day trading on Tuesday, hitting A$5.110. 1,705,223 shares of the company’s stock traded hands. Challenger Ltd has a 52 week low of A$2.950 and a 52 week high of A$4.450. The stock has a 50-day moving average of A$4.03 and a 200-day moving average of A$3.95. The company has a market cap of A$2.668 billion and a P/E ratio of 6.50.
Challenger Limited, formerly Challenger Financial Services Group Limited, is engaged in the provision of financial services.
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