BUZZ-Morgan Stanley cuts PT for Australia's HMC Capital, shares fall

Reuters

Apr 02, 2025

BUZZ-<a href="https://laohu8.com/S/MSPQL">Morgan Stanley</a> cuts PT for Australia's HMC Capital, shares fall

Updates with share moves

** Shares of Australia's HMC Capital HMC.AX falls as much as 2.3% to A$5.87, lowest level since late January 2024

** Stock set for ninth straight session of losses, if trend holds

** Morgan Stanley analysts cut PT to A$7.35 from A$12.21, reflecting more conservative assumptions about assets under management growth; keeps "equal-weight" rating

** New PT represents an upside of 22.3% to stock's last close

** Lowers FY25 earnings per share estimate for diversified asset manager by 12% on co reducing FY25 pre-tax EPS position to 70 Australian cents

** Five of nine analysts rate the stock "buy" or higher, three "hold" and one "sell" or lower; their median PT is A$10.70 - data compiled by LSEG data

** Stock has declined over 39% so far this year

(Reporting by Sneha Kumar in Bengaluru)

((Sneha.Kumar@thomsonreuters.com;))

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keeps \"equal-weight\" rating</p><p>** New PT represents an upside of  22.3% to stock's last close</p><p>** Lowers FY25 earnings per share estimate for diversified asset manager by 12% on co reducing FY25 pre-tax EPS position to 70 Australian cents</p><p>** Five of nine analysts rate the stock \"buy\" or higher, three \"hold\" and one \"sell\" or lower; their median PT is A$10.70 - data compiled by LSEG data</p><p>** Stock has declined over 39% so far this year</p><p>(Reporting by Sneha Kumar in Bengaluru)</p><p>((Sneha.Kumar@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7062","symbol_name":"资产管理与托管银行","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250402:nL3N3QG007:1","article_id":"2524176203","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2524176203","pubTimestamp":1743553540,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-Morgan Stanley cuts PT for Australia's HMC Capital, shares fallUpdates with share moves** Shares of Australia's HMC Capital HMC.AX falls as much as 2.3% to A$5.87, lowest level since late January 2024** Stock set for ninth straight session of losses, if trend holds ** Morgan Stanley analysts cut PT to A$7.35 from A$12.21, reflecting more conservative assumptions about assets under management growth; keeps \"equal-weight\" rating** New PT represents an upside of  22.3% to stock's last close** Lowers FY25 earnings per share estimate for diversified asset manager by 12% on co reducing FY25 pre-tax EPS position to 70 Australian cents** Five of nine analysts rate the stock \"buy\" or higher, three \"hold\" and one \"sell\" or lower; their median PT is A$10.70 - data compiled by LSEG data** Stock has declined over 39% so far this year","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7062":"资产管理与托管银行","BK7005":"零售业房地产投资信托","BK7162":"零售房地产信托","HMC.AU":"HMC Capital Ltd"},"translate_title":"BUZZ-摩根士丹利削减澳大利亚HMC Capital的PT，股价下跌","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HMC.AU":0.9},"content_text":"BUZZ-Morgan Stanley cuts PT for Australia's HMC Capital, shares fallUpdates with share moves** Shares of Australia's HMC Capital HMC.AX falls as much as 2.3% to A$5.87, lowest level since late January 2024** Stock set for ninth straight session of losses, if trend holds ** Morgan Stanley analysts cut PT to A$7.35 from A$12.21, reflecting more conservative assumptions about assets under management growth; keeps \"equal-weight\" rating** New PT represents an upside of  22.3% to stock's last close** Lowers FY25 earnings per share estimate for diversified asset manager by 12% on co reducing FY25 pre-tax EPS position to 70 Australian cents** Five of nine analysts rate the stock \"buy\" or higher, three \"hold\" and one \"sell\" or lower; their median PT is A$10.70 - data compiled by LSEG data** Stock has declined over 39% so far this year(Reporting by Sneha Kumar in Bengaluru)((Sneha.Kumar@thomsonreuters.com;))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}