Brambles Given “Buy” Rating at Credit Agricole (BXB)
Brambles (ASX:BXB)‘s stock had its “buy” rating restated by analysts at Credit Agricole in a research report issued to clients and investors on Sunday, American Banking News reports. They currently have a $10.60 price objective on the stock.
Several other analysts have also recently commented on the stock. Analysts at Morningstar reiterated a “reduce” rating on shares of Brambles in a research note to investors on Friday, January 3rd. Finally, analysts at Goldman Sachs Group Inc. reiterated a “buy” rating on shares of Brambles in a research note to investors on Wednesday, December 25th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of A$10.31 ($9.29).
Brambles Limited is a pooling solutions company. The Company operates in four segments: Pallets, RPCs, Containers and Recall.
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