Analysis of a2 Milk and HUB24
Fund Manager Chris Pedersen discusses global markets, best and worst performers in January, the relation between consumer sentiment and recessions, debt to GDP, HUB24 and The a2 Milk Company.
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HUB24 Limited is a company listed on the Australian Securities Exchange. HUB24 Custodial Services, Agility Applications and Paragem are all wholly-owned subsidiaries of HUB24 Limited. HUB24’s investment and superannuation platform offers a comprehensive range of investment options, with enhanced transaction and reporting solutions, for all types of investors – individuals, companies, trusts, associations or self-managed super funds.
HUB24 was established in 2007 by a team with a very strong track record of delivering market-leading solutions in the financial services industry. HUB24’s award-winning platform solution continues to be recognised across the industry for value for money and customer experience, providing advisers with the technology to efficiently manage and add value to their clients.
Fund Manager Chris Pedersen discusses global markets, best and worst performers in January, the relation between consumer sentiment and recessions, debt to GDP, HUB24 and The a2 Milk Company.
WATCH VIDEOFund Manager Chris Pedersen discusses global markets, best and worst performers in January, the relation between consumer sentiment and recessions, debt to GDP, HUB24 and The a2 Milk Company.
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HUB24, (ASX:HUB), has announced its financial results for the fiscal year ending June 30, 2023, showcasing robust growth across multiple metrics.
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If there’s a clear winner from the murky swamp of revelations uncovered by the banking royal commission, it’s the provider of independent administration and investment platforms for the financial advisory industry.
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The news that ANZ Bank will divest most of its wealth management arm to IOOF is sweet music to HUB24 chief Andrew Alcock, because it reflects how the banks are distracted in the all-important ‘platform’ sector.
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The Outperform rating is unchanged and the target falls to $32.20 from $32.60.
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The Outperform rating is retained and the target price decreases to $32.60 from $33.50.
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The Add rating is retained and the target price decreases to $32.85 from $34.35.
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Buy rating maintained. Target rises to $35.76 from $32.00.
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The Outperform rating is retained and the target price increases to $36.50 from $34.00.
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