UBS analyst Scott Russell maintained a Buy rating on Computershare Limited (CMSQF – Research Report) today and set a price target of A$30.50. The company’s shares closed last Tuesday at $17.03.
Russell covers the Financial sector, focusing on stocks such as Challenger Limited, Medibank Private Ltd., and Suncorp Group Limited. According to TipRanks, Russell has an average return of 1.5% and a 48.00% success rate on recommended stocks.
Computershare Limited has an analyst consensus of Strong Buy, with a price target consensus of $19.04, implying an 11.80% upside from current levels. In a report released on November 9, Credit Suisse also upgraded the stock to a Buy with a A$29.00 price target.
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The company has a one-year high of $19.37 and a one-year low of $13.11. Currently, Computershare Limited has an average volume of 514.
Based on the recent corporate insider activity of 7 insiders, corporate insider sentiment is neutral on the stock.
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Computershare Ltd. engages in the provision of investor services, plan services, communication services, business services, stakeholder relationship management services and technology services. It operates through the following segments: Asia; Australia and New Zealand; Canada; Continental Europe, Technology and Other; United Kingdom, Channel Islands, Ireland and Africa (UCIA); and United States. The Technology and Other segment comprises the provision of software, specializing in share registry and financial services. The company was founded by Christopher John Morris in 1978 and is headquartered in Melbourne, Australia.
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