Goldman Sachs upgrade ANZ to a buy recommendation (from neutral), with its price target being raised to A$36.81
Goldman Sachs upgrade ANZ to a buy recommendation (from neutral), with its price target being raised to A$36.81. This constitutes a near 15% return if you take into consideration the 5% dividend yield. The catalyst the bank flag for gains include a strong mortgage franchise, well positioned for business credit recovery, valuation support and upside in Asia.
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Highly accomplished financial markets professional, with experience at a number of top-tier global institutions on both the buy and sell-side. A natural communicator with a strong ability to analyse macro-economic trends, capital flows and market...
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