J.P. Morgan downgrades Insignia Financial Ltd (IOOFF) to a Hold
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 19 2025
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Source: Business Insider
Analyst Ratings: Insignia Financial Ltd received a Hold rating and a price target of A$4.25 from J.P. Morgan, while UBS also maintained a Hold rating with a A$4.00 target; the average analyst consensus suggests a Moderate Buy with a $2.87 target indicating significant upside potential.
Financial Performance: The company reported quarterly revenue of $778.9 million with a GAAP net loss of $16.8 million, showing improvement compared to the previous year's revenue of $969.9 million and a larger net loss of $49.9 million.
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.
