Coles covers the Financial sector, focusing on stocks such as Magellan Financial Group Ltd, Navigator Global Investments Ltd, and Suncorp Group. According to TipRanks, Coles has an average return of 7.6% and a 53.72% success rate on recommended stocks.
In addition to Morgans, Magellan Financial Group Ltd also received a Hold from UBS’s Shreyas Patel CFA in a report issued on July 3. However, on July 2, J.P. Morgan maintained a Sell rating on Magellan Financial Group Ltd (Frankfurt: NNA).
NNA market cap is currently A$3.1B and has a P/E ratio of 13.43.
Based on the recent corporate insider activity of 12 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 NNA in relation to earlier this year.
