Westpac Banking (WEBNF) Receives a Sell from Jarden
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 18 2025
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Source: Business Insider
Analyst Ratings: Matthew Wilson from Jarden maintains a Sell rating on Westpac Banking with a price target of A$31.20, while Morgan Stanley also holds a Sell rating with a target of A$27.30; the analyst consensus is Moderate Sell with a slight upside expected.
Financial Performance: Westpac reported a quarterly revenue of $10.82 billion and a net profit of $3.64 billion, showing growth compared to the previous year, alongside neutral corporate insider sentiment regarding the stock.
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.
