BUZZ-Australia's Premier Investments gains; MS positive on growth prospects

Reuters
02-04
BUZZ-Australia's Premier Investments gains; MS positive on growth prospects

** Shares of Australia's Premier Investments PMV.AX gain 3.6% to A$24.52; their highest since Jan. 10

** Analysts at Morgan Stanley say the risk/reward scenario is compelling for the firm based on a mix of high quality consumer brands, with multiple growth levers and capital management options

** Interest rate cuts also provide earnings upside risk for PMV - Brokerage

** MS likes co's Peter Alexander and Smiggle brands given they offer differentiated value propositions in niche categories, backed by innovation and branding

** PMV recently merged its Apparel brands with peer Myer MYR.AX, brokerage lowers PT to A$32 from A$37.5 on account of removing the Apparel brands

** PMV up 0.3% YTD

(Reporting by Rishav Chatterjee in Bengaluru)

((Rishav.Chatterjee@thomsonreuters.com;))

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10