Analysts Offer Insights on Financial Companies: Westpac Banking (OtherWEBNF) and Nu Holdings (NU)
Analysts have been eager to weigh in on the Financial sector with new ratings on Westpac Banking (WEBNF) and Nu Holdings (NU).
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Westpac Banking (WEBNF)
In a report issued on June 11, Matthew Wilson from Jarden maintained a Sell rating on Westpac Banking, with a price target of A$31.00. The company’s shares closed last Friday at $24.99.
According to TipRanks.com, Wilson is a 3-star analyst with an average return of
The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Westpac Banking with a $23.85 average price target, which is a -4.6% downside from current levels. In a report issued on May 29, J.P. Morgan also maintained a Sell rating on the stock with a A$35.30 price target.
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Nu Holdings (NU)
Citi analyst Gustavo Schroden downgraded Nu Holdings to Hold yesterday and set a price target of $13.00. The company’s shares closed last Friday at $12.19.
According to TipRanks.com, Schroden is ranked #9130 out of 12307 analysts.
Nu Holdings has an analyst consensus of Hold, with a price target consensus of $15.98, a 31.3% upside from current levels. In a report issued on June 3, TipRanks – OpenAI also downgraded the stock to Hold with a $13.00 price target.
Read More on WEBNF:
Disclaimer & DisclosureReport an Issue
- Westpac Issues JPY 13bn Tier 2 Subordinated Notes to Bolster Regulatory Capital
- Westpac Discloses 0.27% Voting Stake Held by Controlled Entities
- Westpac Redeems $5 Hybrid Debt Tranche at Scheduled Maturity
- Westpac Updates Details of March 2026 Dividend and DRP Terms
- Westpac boosts Tier 2 capital with SGD 500m subordinated issue
