Bell Potter have reiterated their buy recommendatio on CBA ahead of their full year results in mid August
Bell Potter have reiterated their buy recommendatio on CBA ahead of their full year results in mid August. Bell's have a $78 target on the stock and has cited record earnings, technology innovation and lower earnings volatility as the key factors they remain bullish on CBA. With a resurgence in the East Coast mortgage market expected to emerge in the years ahead some market comentators are isolating the banking sector as the best way to get exposure to the recovery with record earnings and rising yields underpinning the current valuations.
Never miss an update
Enjoy this wire? Hit the ‘like’ button to let us know.
Stay up to date with my current content by
following me below and you’ll be notified every time I post a wire
Livewire is Australia’s #1 website for expert investment analysis. We work with leading investment professionals to deliver curated content that helps investors make confident and informed decisions.
Safe investing and thanks for reading Livewire.
Comments
Comments
Sign In or Join Free to comment
most popular
Equities
Buy Hold Sell: 7 stocks for market-beating dividends
Livewire Markets
Equities
3 ASX growth stocks loved by high-performing managers
PLP & A Rich Life