Wall Street Analysts Are Bullish on Top Financial Picks
There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on Insurance Australia Group Limited (IAUGF) and Icici Bank (IBN) with bullish sentiments.
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Insurance Australia Group Limited (IAUGF)
In a report released yesterday, Blake Dowsett from Jarden maintained a Buy rating on Insurance Australia Group Limited, with a price target of A$8.00. The company’s shares closed last Wednesday at $5.57, close to its 52-week high of $5.60.
According to TipRanks.com, Dowsett is a 1-star analyst with an average return of
Currently, the analyst consensus on Insurance Australia Group Limited is a Moderate Buy with an average price target of $5.97, which is a 2.6% upside from current levels. In a report released yesterday, Citi also maintained a Buy rating on the stock with a A$8.50 price target.
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Icici Bank (IBN)
DBS analyst Lim Rui Wen maintained a Buy rating on Icici Bank yesterday and set a price target of $33.50. The company’s shares closed last Wednesday at $25.68, close to its 52-week low of $25.13.
According to TipRanks.com, Wen is a 5-star analyst with an average return of
Currently, the analyst consensus on Icici Bank is a Moderate Buy with an average price target of $33.50.
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