ASX Limited accounts for 5.10 % of our Asian Portfolio. A trade is currently open since 05/16/2020 with a purchase price of AUD 82.34. Discover the other 19 stocks of the Asian portfolio managed by the MarketScreener portfolio management team.
Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.
Thanks to a sound financial situation, the firm has significant leeway for investment.
Considering the small differences between the analysts' various estimates, the group's business visibility is good.
Stock prices approach a strong long-term resistance in weekly data at AUD 89.2.
Technically, the stock approaches a strong medium-term resistance at AUD 86.66.
Financial statements have repeatedly disappointed market stakeholders. Most often, they were below expectations.
Based on current prices, the company has particularly high valuation levels.
With a 2020 P/E ratio at 32.29 times the estimated earnings, the company operates at rather significant levels of earnings multiples.
Most analysts agree on a negative opinion with regard to the stock. Indeed, the average consensus issues recommendations to underperform or sell.
The appreciation potential seems limited due to the average target prices set by the analysts covering the stock.