Credit Suisse Increases Computershare Limited Price Target to $11.50 (CPU)
Analysts at Credit Suisse lifted their target price on shares of Computershare Limited (ASX:CPU) from $10.50 to $11.50 in a research report issued to clients and investors on Tuesday, AnalystRatings.Net reports. The firm currently has an “outperform” rating on the stock.
A number of other analysts have also recently weighed in on CPU. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Computershare Limited in a research note to investors on Friday. Finally, analysts at Morningstar reiterated an “accumulate” rating on shares of Computershare Limited in a research note to investors on Sunday, September 1st. Six investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of A$9.92 ($9.63).
Computershare Limited (ASX:CPU) traded up 1.66% during mid-day trading on Tuesday, hitting A$10.400. 2,727,654 shares of the company’s stock traded hands. Computershare Limited has a 1-year low of A$7.460 and a 1-year high of A$11.350. The stock’s 50-day moving average is A$9.90 and its 200-day moving average is A$10.15. The company has a market cap of A$5.785 billion and a P/E ratio of 36.41.
Computershare Limited is an Australia-based company. The Company is engaged in the operation of investor services, plan services, communication services, business services, shareholder relationship management services and technology services.
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