---
title: "Morgans Keeps Their Hold Rating on ASX  (ASXFF)"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/291994121.md"
description: "Morgans analyst Steven Sassine maintained a Hold rating on ASX with a price target of A$53.90. This follows a July 6 Hold from Citi's Nigel Pittaway, contrasting with UBS's recent Buy rating. The report highlights Sassine's track record in the Communication Services sector."
datetime: "2026-07-08T01:15:34.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/291994121.md)
  - [en](https://longbridge.com/en/news/291994121.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/291994121.md)
generator: "portal-rs"
---

# Morgans Keeps Their Hold Rating on ASX  (ASXFF)

In a report released today, Steven Sassine from Morgans maintained a Hold rating on ASX , with a price target of A$53.90.

### 4th of July Sale - 70% Off

-   Unlock powerful investing tools and data-driven insights with TipRanks Premium for more confident investment decisions.
-   Discover top stock picks and new investment opportunities through TipRanks' Smart Investor Newsletter.

According to TipRanks, Sassine is an analyst with an average return of -20.7% and a 26.04% success rate. Sassine covers the Communication Services sector, focusing on stocks such as REA Group Ltd, Seek Limited, and CAR Group.

In addition to Morgans, ASX also received a Hold from Citi’s Nigel Pittaway in a report issued on July 6. However, yesterday, UBS maintained a Buy rating on ASX (Other OTC: ASXFF).

### Related Stocks

- [ASX.AU](https://longbridge.com/en/quote/ASX.AU.md)
- [REA.AU](https://longbridge.com/en/quote/REA.AU.md)
- [SEK.AU](https://longbridge.com/en/quote/SEK.AU.md)
- [CAR.AU](https://longbridge.com/en/quote/CAR.AU.md)
- [C.US](https://longbridge.com/en/quote/C.US.md)
- [UBS.US](https://longbridge.com/en/quote/UBS.US.md)
- [C-R.US](https://longbridge.com/en/quote/C-R.US.md)

## Related News & Research

- [Can Deterra Royalties (ASX:DRR) Justify Its Valuation On Strong FY2026 Results?](https://longbridge.com/en/news/296349201.md)
- [Ord Minnett Sticks to Its Buy Rating for Megaport (MGPPF)](https://longbridge.com/en/news/296725946.md)
- [HUB24 (ASX:HUB) Posts Strong Full Year Results, Is The Stock Fully Priced?](https://longbridge.com/en/news/296451969.md)
- [Aurizon Holdings (ASX:AZJ), Why Is Its Latest Update Drawing Attention?](https://longbridge.com/en/news/296393640.md)
- [ASX Value Picks ALS And Two More Stocks Estimated Below Intrinsic Value](https://longbridge.com/en/news/296708797.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**