DJ news
"With an about 10% total shareholder return and headroom to beat medium-term funds under management assumptions, Hub24's valuation looks justified and its shares warrant a buy recommendation, Ord Minnett argues. Ord sees upside risk to net fund inflows at the investment and pension-savings platform as the trend in Australia toward independent advice ramps up and as improved third-party technology promotes independent licensing in the industry. As it stands, it forecasts a 46% jump in 1H funds that should translate into a 365 increase in revenue. Ord has a target of A$14.21 on the shares, which closed yesterday 6% higher at A$13 as it builds on solid gains the last four years and into 2019. "
Ann: HUB24 posts record $1.5 billion quarter for net inflows, page-3
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 (20min delay)
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Last
$73.56 |
Change
1.200(1.66%) |
Mkt cap ! $4.657B | |||
| Open | High | Low | Value | Volume |
| $73.29 | $73.61 | $72.03 | $16.38M | 223.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 78 | $73.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $73.59 | 581 | 1 |
View Market Depth
| Last trade - 16.10pm 21/11/2024 (20 minute delay) ? |
| HUB (ASX) Chart |
