Computershare Limited Rating Reiterated by CIMB (CPU)
Computershare Limited (ASX:CPU)‘s stock had its “hold” rating reaffirmed by equities researchers at CIMB in a research report issued on Friday, Analyst Ratings Network.com reports. They currently have a $11.32 price target on the stock.
Computershare Limited (ASX:CPU) traded down 0.89% during mid-day trading on Friday, hitting A$11.170. 1,241,109 shares of the company’s stock traded hands. Computershare Limited has a 1-year low of A$9.400 and a 1-year high of A$11.660. The stock has a 50-day moving average of A$11.25 and a 200-day moving average of A$10.49. The company has a market cap of A$6.213 billion and a P/E ratio of 40.11.
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. Five analysts have rated the stock with a hold rating and two have given a buy rating to the company. Computershare Limited presently has a consensus rating of “Hold” and an average target price of A$10.28 ($8.93).
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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