New Zealand Shares Pull Lower, Trimming Last Week’s Gains
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 07 2024
0mins
Source: WSJ
Market Performance: New Zealand's NZX-50 index closed 0.2% lower at 12,596.87, impacted by declines in industrials, communication services, and healthcare stocks.
Notable Stock Movements: Telecom companies Spark and Chorus fell by 2.2% and 2.5%, while Fisher & Paykel Healthcare dropped 3.7%, following a previous week's gain of 1.3%.
Analyst Views on AIA
Wall Street analysts forecast AIA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AIA is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 107.010
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Current: 107.010
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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.








