Fintel reports that on August 30, 2023, MACQUARIE RESEARCH maintained coverage of Brambles (ASX:BXB) with a Neutral recommendation.
Analyst Price Forecast Suggests 2.80% Upside
As of August 31, 2023, the average one-year price target for Brambles is 15.57. The forecasts range from a low of 12.17 to a high of $18.11. The average price target represents an increase of 2.80% from its latest reported closing price of 15.15.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Brambles is 6,539MM, an increase of 3.04%. The projected annual non-GAAP EPS is 0.52.
What is the Fund Sentiment?
There are 322 funds or institutions reporting positions in Brambles. This is an increase of 19 owner(s) or 6.27% in the last quarter. Average portfolio weight of all funds dedicated to BXB is 0.23%, an increase of 8.74%. Total shares owned by institutions increased in the last three months by 10.09% to 122,051K shares.
What are Other Shareholders Doing?
VGTSX - Vanguard Total International Stock Index Fund Investor Shares holds 18,296K shares representing 1.32% ownership of the company. In it's prior filing, the firm reported owning 18,319K shares, representing a decrease of 0.13%. The firm increased its portfolio allocation in BXB by 11.41% over the last quarter.
VTMGX - Vanguard Developed Markets Index Fund Admiral Shares holds 11,018K shares representing 0.79% ownership of the company. In it's prior filing, the firm reported owning 10,655K shares, representing an increase of 3.29%. The firm increased its portfolio allocation in BXB by 5.61% over the last quarter.
IEFA - iShares Core MSCI EAFE ETF holds 7,336K shares representing 0.53% ownership of the company. In it's prior filing, the firm reported owning 7,310K shares, representing an increase of 0.36%. The firm increased its portfolio allocation in BXB by 9.21% over the last quarter.
LGGAX - ClearBridge International Growth Fund holds 6,178K shares representing 0.44% ownership of the company. In it's prior filing, the firm reported owning 4,643K shares, representing an increase of 24.84%. The firm increased its portfolio allocation in BXB by 39.06% over the last quarter.
EFA - iShares MSCI EAFE ETF holds 4,478K shares representing 0.32% ownership of the company. In it's prior filing, the firm reported owning 4,490K shares, representing a decrease of 0.27%. The firm increased its portfolio allocation in BXB by 8.37% over the last quarter.
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