Westpac Banking (WEBNF) Gets a Hold from Morgans
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 01 2025
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Source: Business Insider
Analyst Ratings on Westpac Banking: Nathan Lead from Morgans maintains a Hold rating on Westpac Banking with a price target of A$29.02, while Citi has issued a Sell rating and CLSA also holds a Hold rating.
Company Performance and Insider Activity: Westpac reported a quarterly revenue of $10.82 billion and a net profit of $3.64 billion, showing growth compared to last year, alongside positive sentiment from corporate insiders as they have increased their share purchases.
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.
