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Computershare downgraded to Equal Weight from Overweight at Morgan Stanley » 14:09
01/25/23
01/25
14:09
01/25/23
14:09
CMSQF

Computershare

$17.01 /

+ (+0.00%)

Morgan Stanley analyst…

Morgan Stanley analyst Andrei Stadnik downgraded Computershare to Equal Weight from Overweight with a price target of A$26.50, down from A$31.60. Short-end cash rates in the U.S., Australia, U.K. and Canada have increased further since November and should continue to rise in the second half, which could enable Computershare to upgrade its FY23 margin income guidance again, but spot and forward rates indicate that margin yield may begin to cool in FY24 while several headwinds remain for the underlying business, the analyst tells investors.

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CMSQF Computershare
$17.01 /

+ (+0.00%)

11/09/22 Credit Suisse
Computershare upgraded to Outperform from Neutral at Credit Suisse
05/16/22 Jefferies
Computershare initiated with a Buy at Jefferies
Over a month ago
Upgrade
Computershare upgraded to Outperform from Neutral at Credit Suisse » 04:49
11/09/22
11/09
04:49
11/09/22
04:49
CMSQF

Computershare

$17.03 /

+0.92 (+5.71%)

Credit Suisse analyst…

Credit Suisse analyst James Cordukes upgraded Computershare to Outperform from Neutral with a price target of A$29, up from A$25. The share price is underappreciating up to A$6 per share of excess capital from future debt headroom and proceeds from a potential exit from mortgage servicing, Cordukes tells investors in a research note.

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CMSQF Computershare
$17.03 /

+0.92 (+5.71%)

05/16/22 Jefferies
Computershare initiated with a Buy at Jefferies
Over a quarter ago
Initiation
Computershare initiated with a Buy at Jefferies » 08:03
05/16/22
05/16
08:03
05/16/22
08:03
CMSQF

Computershare

$15.50 /

+ (+0.00%)

Jefferies analyst Simon…

Jefferies analyst Simon Fitzgerald initiated coverage of Computershare with a Buy rating and A$29.50 price target. Interest rate expectations have changed materially since Computershare reported first half results, which paves the way for an even greater recovery in margin income, but Computershare is "much more than a mere play on interest rates," contends Fitzgerald, who forecasts EPS growth of 27% per year to FY24.

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CMSQF Computershare
$15.50 /

+ (+0.00%)

07/28/21 JPMorgan
Computershare downgraded to Underweight from Neutral at JPMorgan

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