According to TipRanks, Coles is a 4-star analyst with an average return of 7.6% and a 53.72% success rate. Coles covers the Financial sector, focusing on stocks such as Navigator Global Investments Ltd, Magellan Financial Group Ltd, and Suncorp Group.
In addition to Morgans, Pinnacle Investment Management Group Limited also received a Buy from Canaccord Genuity’s Cameron Halkett in a report issued on June 24. However, on July 3, UBS maintained a Hold rating on Pinnacle Investment Management Group Limited (ASX: PNI).
Based on Pinnacle Investment Management Group Limited’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of A$40.48 million and a net profit of A$67.34 million. In comparison, last year the company earned a revenue of A$27.64 million and had a net profit of A$75.71 million
Based on the recent corporate insider activity of 8 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of PNI in relation to earlier this year.
