RBC Capital analyst Owen Birrell maintained a Buy rating on Brambles yesterday and set a price target of A$27.00.TipRanks Welcomes a New ETF – NYSE:RANK TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE. RANK tracks the performance of the TipRanks US Momentum Analysts Index, a rules-based index of 50 large U.S. companies.
According to TipRanks, Birrell is a 4-star analyst with an average return of 8.5% and a 57.22% success rate. Birrell covers the Industrials sector, focusing on stocks such as Brambles , Qube Holdings, and Cleanaway Waste Management.
Brambles has an analyst consensus of Moderate Buy, with a price target consensus of A$21.72.
Based on Brambles ‘s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of A$3.6 billion and a net profit of A$520.18 million. In comparison, last year the company earned a revenue of A$3.48 billion and had a net profit of A$446.2 million
Based on the recent corporate insider activity of 20 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 BMBLF in relation to earlier this year.
