J.P. Morgan Remains a Buy on Insignia Financial Ltd (IOOFF)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 08 2025
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Source: Business Insider
Analyst Rating and Price Target: J.P. Morgan analyst Siddharth Parameswaran has maintained a Buy rating on Insignia Financial Ltd, setting a price target of A$4.90, while the shares closed at $1.30 last Friday.
Financial Performance: Insignia Financial reported quarterly revenue of $962.3 million with a GAAP net loss of $135.4 million for the quarter ending June 30, compared to a revenue of $962.5 million and a net profit of $7.6 million in the previous year.
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.
