Perpetual Limited Upgraded to Buy at Deutsche Bank (PPT)
Perpetual Limited (ASX:PPT) was upgraded by equities research analysts at Deutsche Bank to a “buy” rating in a research note issued to investors on Tuesday. The firm currently has a $49.90 target price on the stock.
Perpetual Limited (ASX:PPT) traded up 1.16% during mid-day trading on Tuesday, hitting A$50.540. The stock had a trading volume of 182,816 shares. Perpetual Limited has a 1-year low of A$35.810 and a 1-year high of A$53.160. The stock has a 50-day moving average of A$47.57 and a 200-day moving average of A$48.15. The company has a market cap of A$2.226 billion and a P/E ratio of 26.80.
Perpetual Limited (ASX:PPT) provides wealth management and corporate trust services.
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