ANZ Group upgraded to Neutral from Sell at Citi

Written by Emily J. Thompson, Senior Investment Analyst

Updated: Apr 25 2025

0mins

Citi's Upgrade of ANZ Group: Citi has upgraded ANZ Group's rating from Sell to Neutral, increasing the price target from A$25.25 to A$27.50 due to the stock's underperformance and valuation support.
New CEO Risk Assessment: The analyst believes that the risks associated with the new CEO are now better reflected in the current share prices.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.