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Computershare Limited (ASX:CPU)‘s stock had its “hold” rating reaffirmed by analysts at CIMB in a research report issued to clients and investors on Wednesday. They currently have a $12.60 price objective on the stock.

Shares of Computershare Limited (ASX:CPU) traded up 0.16% on Wednesday, hitting A$12.200. 1,249,134 shares of the company’s stock traded hands. Computershare Limited has a 1-year low of A$9.560 and a 1-year high of A$13.170. The stock’s 50-day moving average is A$12.53 and its 200-day moving average is A$12.35. The company has a market cap of A$6.786 billion and a price-to-earnings ratio of 27.07.

CPU has been the subject of a number of other recent research reports. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Computershare Limited in a research note on Sunday, July 20th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Computershare Limited presently has an average rating of “Hold” and an average price target of A$12.05 ($11.16).

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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