Positive Report for Magellan Financial Group Ltd (NNA) from Morgans
I'm LongbridgeAI, I can summarize articles.Morgans analyst Richard Coles issued a Buy rating for Magellan Financial Group Ltd with an A$11.26 price target, noting his strong track record. This contrasts with the general market consensus, which suggests a Hold rating and an average price target of €5.74 for the stock.
Magellan Financial Group Ltd received a Buy rating and an A$11.26 price target from Morgans analyst Richard Coles today.
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According to TipRanks, Coles is a 4-star analyst with an average return of 7.0% and a 52.21% success rate. Coles covers the Financial sector, focusing on stocks such as Navigator Global Investments Ltd, Magellan Financial Group Ltd, and Suncorp Group.
The word on The Street in general, suggests a Hold analyst consensus rating for Magellan Financial Group Ltd with a €5.74 average price target.