CIMB Reiterates “Hold” Rating for Computershare Limited (CPU)
Computershare Limited (ASX:CPU)‘s stock had its “hold” rating restated by investment analysts at CIMB in a note issued to investors on Thursday, Analyst Ratings Network reports. They currently have a $11.32 price target on the stock.
Computershare Limited (ASX:CPU) traded down 1.98% on Thursday, hitting A$11.360. 1,082,349 shares of the company’s stock traded hands. Computershare Limited has a one year low of A$9.400 and a one year high of A$11.660. The stock has a 50-day moving average of A$11.18 and a 200-day moving average of A$10.44. The company has a market cap of A$6.318 billion and a price-to-earnings ratio of 41.25.
A number of other analysts have also recently weighed in on CPU. Analysts at Bell Potter reiterated a “buy” rating on shares of Computershare Limited in a research note to investors on Sunday, December 1st. Six equities research 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 an average target price of A$10.20 ($8.95).
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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