There’s a lot to be optimistic about in the Financial sector as 3 analysts just weighed in on Piraeus Bank (BPIRY – Research Report), Iris Energy (IREN – Research Report) and Insurance Australia Group Limited (IAUGF – Research Report) with bullish sentiments.
Piraeus Bank (BPIRY)
In a report issued on February 16, Mehmet Sevim from J.P. Morgan maintained a Buy rating on Piraeus Bank, with a price target of EUR5.35. The company’s shares closed last Friday at $4.18, close to its 52-week high of $4.41.
According to TipRanks.com, Sevim is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Piraeus Bank with a $5.76 average price target.
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Iris Energy (IREN)
J.P. Morgan analyst Reginald Smith maintained a Buy rating on Iris Energy on February 16 and set a price target of $8.00. The company’s shares closed last Friday at $6.81.
According to TipRanks.com, Smith is a 1-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Iris Energy with a $9.00 average price target, a 28.6% upside from current levels. In a report issued on February 16, H.C. Wainwright also reiterated a Buy rating on the stock with a $10.00 price target.
Insurance Australia Group Limited (IAUGF)
In a report issued on February 18, Siddharth Parameswaran from J.P. Morgan maintained a Buy rating on Insurance Australia Group Limited, with a price target of A$6.30. The company’s shares closed last Thursday at $4.12, equals to its 52-week high of $4.12.
According to TipRanks.com, Parameswaran is a 4-star analyst with an average return of
Insurance Australia Group Limited has an analyst consensus of Moderate Buy, with a price target consensus of $4.24, a 2.9% upside from current levels. In a report issued on February 18, Macquarie also maintained a Buy rating on the stock with a A$6.40 price target.
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