Transferring Coverage of Narrow Moat-Rated BT Investment Management; AUD 11 FVE Unchanged
We confirm our AUD 11.00 per share fair value estimate for BT Investment Management as we transition coverage to a new analyst. Our narrow moat, medium fair value uncertainty and Standard stewardship ratings are unchanged. At current prices, the stock is broadly fair value, trading 6% below valuation. We confirm our fiscal 2017 cash profit forecast of AUD 158 million and fully franked dividend of AUD 44 cents per share based on a high 85% payout. Fiscal 2017 results are due Nov. 8, 2017.The bus...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.