Westpac Banking (WEBNF) Gets a Sell from Morgan Stanley
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 30 2025
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Source: Business Insider
Morgan Stanley's Rating on Westpac Banking: Richard Wiles from Morgan Stanley has maintained a Sell rating on Westpac Banking with a price target of A$27.30, while the shares closed at $19.61. Macquarie also issued a Sell rating, contrasting with UBS's Buy rating from March 28.
Insider Activity and Stock Performance: Despite the negative ratings, corporate insider sentiment is positive as there has been an increase in insiders buying shares. Westpac's stock has fluctuated between a one-year high of $23.28 and a low of $15.90.
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.
